European LNG imports decline again in December

In December 2023, European LNG imports experienced a sixth consecutive y-o-y decline, marking a significant drop of 17% (2.25 Mt) to 11.32 Mt. This represents the most substantial monthly y-o-y reduction in LNG imports throughout 2023. The weakened LNG imports in the region can be attributed to reduced gas consumption, elevated gas storage levels, diminished gas production and a widening […]