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Gross imports of natural gas into Europe

gross imports.PNG

Source: BP Statistical Review of World Energy (2019)

Description

This graph represents European countries natural gas imports based on the supply source : whether pipeline or liquefied natural gas (LNG).

Analysis

In 2018, natural gas importations of European countries reached 5 170 TWh. LNG volumes accounted for 12% of the gross imports (515 TWh), same proportion of import compared to 2017.
However, LNG weight in European total imports has been plunging since 2011 because of European declining consumption and gas flows heading more and more toward Asia. Nevertheless, the IEA forecasts that the proportion of LNG in European imports is expected to reach 35% in 2030.
Thanks to their geographical location, Spain, France and the United-Kingdom own strong regasification capacities. These installations allow massive LNG imports accounting for 43%, 26% and 15% of their total natural gas supplies.

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