Europe's LNG Capacity at Risk, Energy Crisis Lingers.

Over half of Europe's LNG import capacity could become stranded assets by 2030 as current LNG buildout plans are set to vastly exceed projected demand for liquefied natural gas by the end of the decade, according to the Institute for Energy Economics and Financial Analysis (IEEFA). The EU is boosting its LNG import capacity and is ready to welcome even more LNG cargoes this year and in the coming years. However, demand for LNG by 2030 will range between 150 bcm and 190 bcm, while current infrastructure buildout plans suggest that Europe’s LNG terminal capacity could exceed 400 billion cubic meters by 2030.