Europe’s high reliance on spot LNG is likely to persist through 2030

Europe’s high reliance on spot LNG is likely to persist through 2030 if progress towards REPowerEU targets falls short. Despite a 17% drop last year (22 bcm), the EU has remained the world’s largest LNG importer since 2022, ahead of China and Japan. While new liquefaction projects and long-term contracts are coming online, ACER projects that the EU’s reliance on […]