Quarterly Report on European Gas Markets

EU LNG imports showed a huge increase in the fourth quarter of 2018, up by 59% in year-on-year comparison. After a summer period with very low LNG send-outs, shrinking price premiums of the Asian LNG markets enabled more cargos to arrive in Europe in Q4 2018. Increasing LNG imports resulted in a shift of supply sources, as the share of Qatar and Nigeria in total extra-EU imports dropped from the previous quarter (to 22% and to 14%), while Russia became the second most important LNG source (17%) and the share of the United States quadrupled, reaching 12% in Q4 2018. Author: DG Energy (European […]