LNG imports to Europe decline due to falling prices and high stocks
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Supplies of liquefied natural gas (LNG) to the EU countries in early August 2023 decreased by an average of 15% compared to July. This follows from the data of the association of European storage operators Gas Infrastructure Europe (GIE), which analyzed Vedomosti.
From August 1 to August 6, gas supplies from LNG terminals to the EU gas transmission network amounted to about 1.8 billion cubic meters. m, or 299.2 million cubic meters. m per day. This is the lowest average daily level since the end of March this year. Compared to the same period in 2022 (approximately 2.09 billion cubic meters, or 348.9 million cubic meters per day), imports decreased by 14%.
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