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Page added on January 14, 2023

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US LNG And EU Import Capacity Imparity

Consumption

Just barely into the new year and the LNG industry found itself in the spotlight again, with many unprecedented new events and shifts to evolve. Notwithstanding that LNG is slated to be more global than ever, we just cannot not give US LNG exporters credit for the boost in their LNG supplies to EU, amplified by the strong geo-political headwinds and macroeconomic impacts.

 

 

 


After US surpassed Qatar and Australia as the most prolific LNG exporter for the last three months, @Daniel Yergin states, “Last month, for the first time ever, U.S. exports of liquefied natural gas to Europe exceeded Russia’s pipeline deliveries.” After acknowledging the scale of the US LNG potential, we can’t lose sight of the imparity between the LNG supply and regasification capacity of EU. By carefully weighing up the EU regasification capabilities(with no large spare capacity) against the new LNG additions, one would very easily have the impression that under the scenario of more intense supplies, the former would come up short on absorbing any significant extra supply. To exemplify more, “Western Europe’s regasification capacity was operating at 100% last month, and spare capacity to accommodate a future increase in import volumes is minimal.”, @Rystad Energy said, adding that “LNG imports into Western Europe totalled 294 million cubic metres per day in January 2022, a new all-time high utilising 100% of the region’s regasification capacity.”

Just as @Irina Slav claimed “Storage, however, is filling up, which means that soon, LNG shipments from the United States might start to decline.”

Somehow, getting into the details indicates that EU total regasification capacity reaches 220BCM., whereas the average regas rate is lying somewhere between 550 and 630 mcm/day, also not to forget the pipeline connections with the Terminals and the intrinsic limitations of the LNG storage facilities (roughly 100 – 120 000m3 per storage tank), all this getting us to the conclusion that any additional significant import of LNG could not be handled by the EU Import facilities, even if EU LNG Terminal Operators jack up their regasification to their nameplate maximum utilization rate.

In consideration of the foregoing, another serious topic is tabled for discussion, e.g., the falling and insufficient investments in low-carbon fuel infrastructure in EU, exacerbated by the engaged transition in the energy sector, which only makes the energy security more vulnerable and structurally undersupplied, whilst everybody else is competing to cast the first stone at the hydrocarbons. Chasing too much the future would drive us away from the present-day issues, such as the energy conundrum we live in and opposing the energy integrity to the environmental sustainability.

EnergyCentral



57 Comments on "US LNG And EU Import Capacity Imparity"

  1. makati1 on Fri, 20th Jan 2023 4:18 pm 

    Duncan, I assume you got jabbed with the genetic experiment shit. Dumbocrats are the ones going down the shitter in so many ways. So be it. Well deserved.

    Perhaps you should visit globalresearch.ca and catch up on the facts coming in from all over the world about the events I mentioned above? You will never get the truth from the US MSM.

  2. makati1 on Fri, 20th Jan 2023 4:44 pm 

    BTW Duncan, you might want to read this 3 minute article from India.

    https://www.rt.com/news/570228-pfizer-bully-india-indemnity/

    It seems they were smart enough to refuse the US mRNA shit also. Add another 1,400,000,000 Indian people to the survivors list along with the 1,000,000,000 Africans and the 1,400,000,000 Chinese, etc.

    My best guess is that less than 1/4 of the world’s population are now genetically modified. Mostly White Westerners, by the way. The other 3/4 plus are going to be the breeding survivors. Mostly those with a permanent tan. lol

  3. makati1 on Fri, 20th Jan 2023 5:01 pm 

    Fact or fiction:

    “Fauci Lied; Children Died: Secret CDC Report confirms nearly 120k Youngsters ‘Died Suddenly’ in the USA by Oct. 2022 following roll-out of COVID Vaccines.”

    https://www.theburningplatform.com/2023/01/20/fauci-lied-children-died-secret-cdc-report-confirms-nearly-120k-youngsters-died-suddenly-in-the-usa-by-oct-2022-following-roll-out-of-covid-vaccines/#more-2916

    My vote is…FACT!

  4. makati1 on Fri, 20th Jan 2023 5:17 pm 

    “NHS Director Confirms Hospitals Lied About Cause of Death to Create Illusion of COVID Pandemic”

    https://www.shtfplan.com/headline-news/nhs-director-confirms-hospitals-lied-about-cause-of-death-to-create-illusion-of-covid-pandemic

    You’ve been suckerd, Duncan.

  5. theluckycountry on Fri, 20th Jan 2023 10:45 pm 

    As soon as I heard the vaccine was exempt from normal laws of recourse for side-effects I knew something wasn’t right. Then the media and government did an all out propaganda drive, full of threats if you didn’t take an arm full of the shit. That made many of us dig our heels in even further.

    Now the nation is full of walking nRMA factories, but it can’t be too bad for the rest of us or the elite would never have passed off on it. They have to live among us serfs too. On that note India spent mega millions back during the avian flu scare, disinfecting airplanes, hotels, in other words all the places the rich people go. Meanwhile malaria was coming back in a big way in the poor rural areas.

    It’s the same all over the world, it’s why you want to live in a wealthy nation, like here in Australia where there is still free healthcare and a good social safety net. Alas the US is going third world in a hurry, the UK as well.

  6. just a quick announcement that i appoint supertard theluckycountry supertard on Sat, 21st Jan 2023 12:25 am 

    this is his 4th appointment

    his title is “the lover”

    of supremacist muzzies

    supertards please change ur undies after 1 wk

    please feel at ease among friends, we’re all lovers of supremacist muzzies here.

  7. makati1 on Sat, 21st Jan 2023 5:26 pm 

    thelucky….., if you think Australia is wealthy and the place to live…Hahahahaha!

    You are fast joining the losing side in WW3, the US. The war will be over before you ever see those nuclear subs, even one of them. The US wants to use your “wealthy” country as another Ukraine.

    Yes, I live in the Philippines which has the same problem of fence sitting with the Chinese/US as Australia, but it is not fighting with the Chinese or allowing US bases as your country has and is. Your insane leaders are betting with the insane Amerikan leaders that they can win. Not going to happen.

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