EU bid to replace Russian gas

Europe plans to replace Russian energy by increasing purchases of liquefied natural gas (LNG) from the U.S., Qatar and Australia. However, LNG terminals have limited capacity to store extra supply


LNG fleet: Some 600 specialized tankers transport gas liquified at minus 162° Celsius


Global LNG production (2022 forecast, million tonnes) 455.0

Long-term contracts 318.5 	Spot market 136.5

EU gas imports from Russia 	118.0 	65.0 EU spare capacity


European LNG import capacity (Million tonnes per annum) 00.0 Mtpa
LNG terminals	Most Russian gas as share of consumption 00%

United Kingdom 35.3 Mtpa
Netherlands 8.8 Mtpa
Belgium 6.6 Mtpa 
France 26.6 Mtpa
Spain 44.1 Mtpa
Portugal 5.6 Mtpa
Germany 46%
Poland 3.7 Mtpa 46%
Czechia 86%
Austria 80%
Slovenia
Italy 10.9 Mtpa
Slovakia 88% 
Hungary 100%
Croatia 1.9 Mtpa
Bulgaria 73% 
Greece 5.1 Mtpa 39%
Estonia 46%
Latvia 100%
Lithuania 2.9 Mtpa 50%
Russia 
Ukraine


Sources: Bloomberg, Bruegel, House of Commons Library, Reuters
© GRAPHIC NEWS