An Overview of LNG Import Terminals in Europe

 

 

 

LNG_in_Europe_2018_-_An_Overview_of_LNG_Import_Terminals_in_Europe

Overview of LNG in Europe Gas is a key source of energy supply to Europe and plays a fundamental role in Europe’s energy supply mix. Europe is a net importer of gas, which enters in one of two ways: either as natural gas transported via pipeline or as liquefied natural gas (LNG) which is regasified in an LNG import (or regasification) terminal. This report provides an overview of the large-scale LNG import terminals in Europe today – existing, under construction and planned – and the services provided at Europe’s existing LNG import terminals. EUROPE’S EXISTING LNG REGASIFICATION CAPACITY All of Europe’s LNG terminals are import facilities, with the exception of (non-EU) Norway and Russia which export LNG. There are currently 28 large-scale LNG import terminals in Europe (including non-EU Turkey). There are also 8 small-scale LNG facilities in Europe (in Finland, Sweden, Germany, Norway and Gibraltar). Of the 28 large-scale LNG import terminals, 24 are in EU countries (and therefore subject to EU regulation) and 4 are in Turkey, 23 are land-based import terminals, and 4 are floating storage and regasification units (FSRUs), and the one import facility in Malta comprises a Floating Storage Unit (FSU) and onshore regasification facilities. Three new import terminals came into operation in 2017: two FSRUs in Turkey and the Delimara LNG project in Malta. Europe’s regasification terminals show a balanced distribution along Europe’s coastline, with most of them situated in North West and South West Europe. The current LNG receiving countries in Europe are Belgium, France, Greece, Italy, Lithuania, Malta, the Netherlands, Poland, Portugal, Spain, Turkey and the UK. By the end of 2017 total regasification capacity in Europe’s 28 large-scale LNG terminals was 227 billion cubic metres (of gas) (bcm), which is sufficient to cover approximately 40% of Europe’s gas demand. Two new European LNG import terminals are currently under construction in Spain (Tenerife and Gran Canaria). With the addition of these import terminals, Europe’s total regasification capacity will reach 230 bcm. Europe’s regasification capacity will also grow quite significantly by 2021 as a result of expansions which are under way or planned at some of Europe’s existing LNG import terminals.