Role of LNG in the European energy market: recent market trends and outlook

The surge in EU LNG demand rose at a faster pace than the global additions of new liquefaction capacity. That led to a considerable market tightness and hence a global LNG price escalation across 2022 and parts of 2023. The high LNG price environment incentivised a boost in final investment decisions4 in new liquefaction projects, which will result in the […]