liquefied natural gas
Europe’s LNG supply faces challenges, especially due to surging Chinese demand, potentially leaving Europe vulnerable to shortages this winter and beyond, according to a new report
The global gas demand is predicted to decline from an average of 2.5% per year between 2017 and 2021 to a projected 1.6% per year between 2022 and 2026, according to the IEA
Annual average growth of supply is predicted to sit at 5.3% for the next seven years
The US exported the most LNG to the continent in 2022
The Prime Minister will reportedly announce details after the COP27 summit
Research claims that the upping of LNG imports to combat Russia is at more detriment to the environment
Shell will supply 10 LNG-fuelled vessels, which are expected to enter into service in 2023-24
This is being built to cut Russian dependence and boost renewable energy access
The move is estimated to deliver a 2,200-tonne reduction in carbon emissions every year