EU Prepares to Import More LNG With Boost in Capacity Next Year

image is BloomburgMedia_RR94F6T1UM0W01_09-03-2023_15-00-05_638139168000000000.jpg

A tug boat assist the Hoegh Esperanza LNG floating storage regasification unit (FSRU) to dock at the Wilhemshaven LNG Terminal in Wilhelmshaven, Germany, on Thursday, Dec. 15, 2022. The inauguration of the import terminal this Saturday will mark an important step for Germany, which has been dependent on Russian pipeline gas for decades and suffered severely since the shipments have stopped this year.

The European Union plans to expand its capacity to receive liquefied natural gas by almost a third by next year as it presses ahead with replacing pipeline supplies from Russia. 

The bloc will increase the number of LNG import terminals to 35 from 27, Maros Sefcovic, a vice president at the European Commission, said on Twitter after a meeting with global gas suppliers.

The EU has almost completely weaned itself off pipeline gas from Russia — previously the bloc’s top supplier — just over a year after the Kremlin’s invasion of Ukraine led to a historic energy crisis. LNG, from the US in particular, has been the main source of alternative supplies for Europe, which has also curbed energy demand.  

Floating import terminals known as FSRUs have been a fast-track solution to add new capacity within months, including in the Netherlands, Germany and Finland. Additional capacity — even if not fully utilized — offers suppliers an opportunity to bring in more LNG and avoid bottlenecks the region encountered last year. 

By next year, the EU plans to raise its regasification capacity to 227 billion cubic meters, up from 178 billion cubic meters now.

“One of the most notable changes concerns the EU gas infrastructure,” Kadri Simson, the commission’s energy chief, said at a press conference in Brussels. “In less than one year, we have greatly expanded the portfolio of 23 LNG regasification terminals. We have eight new FSRU or LNG terminals opened or under development.”

More stories like this are available on

©2023 Bloomberg L.P.

By Anna Shiryaevskaya , John Ainger


Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.

By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.

Back To Top