The EU has reduced LNG imports to their lowest level in almost two years.

The EU has reduced LNG imports to their lowest level in almost two years.

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By the level of August 2023, LNG imports into the EU also dropped by 8%. Shipments to Europe fell for the third month in a row after months of growth. On average, 298.4 million cubic meters per day were supplied from LNG terminals to the EU gas transportation network in September. m. This is the minimum daily average level since December 2021. From the record levels of April–May 2023, the drop has already reached 24%. In May, supplies reached 12.15 billion cubic meters. m. Compared to the August level, the decrease in average daily indicators in September was 5%.

Starting from June, the volume of LNG purchases in Europe began to decline; since July, negative dynamics have also been observed in relation to LNG imports in 2022. In general, last year, liquefied gas supplies to the EU, according to GIE, increased 1.7 times by 2021 up to 127.2 billion cubic meters m and averaged 10.6 billion cubic meters. m per month.

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