9 Hrs
Source:
Sky News
Europe anticipates higher LNG imports
Experts expect liquefied natural gas to account for more than half of the gas supplies in major European markets in the coming years. It is anticipated that the share of LNG in the gas mix in Western and Central Europe will increase from 44% last year to 47% by 2027, potentially rising to 52% by 2029. This increase is attributed to the global expansion of LNG production, particularly in North America, to compensate for supply disruptions from Qatar and to maintain low prices in the long term.
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