Europe is preparing to end Russian gas imports

10 May 2022, by Olivier Sancerre

Despite the end of the cold season, European gas imports are going well, including from Russia. Paradox: It is up to the continent to prepare for the abandonment of Russian gas.


Filling the tanks


Europe is preparing to end Russian gas imports

Europe is gearing up for the winter. Should demand fall due to the spring, the continent is preparing to end its gas imports from Russia. That doesn’t stop them from buying a lot of them: Gazprom’s gas pipelines are in full swing… At the same time, imports of liquefied natural gas (LNG) are soaring and the whole world is scrambling to supply the old continent, which absorbs 60% of exports.

According to the International Group of Liquefied Natural Gas Importers (GIIGNL), there are many LNG carriers on the oceans delivering LNG. Imports rose 56%, with an average of 135 LNG tankers (compared to 85 in normal times) landing their gas each month from Qatar, the United States and even China. A hectic pace for China that is unlikely to last: the country will need its LNG tankers for its own consumption.


shale gas imports

The LNG imported from the United States is derived from the shale gas produced by the country and has catastrophic environmental effects. But so far the Europeans have not been offended. It must be said that it is urgent: the tanks must be filled in preparation for next winter, given the likely halt in Russian gas imports.

According to Storengy, an Engie subsidiary specializing in gas storage, French tanks will be full in September, according to BFM Business. And the winter of 2022/2023 should go well. The LNG carriers dock in Portugal and Spain, then the LNG “goes up” via France throughout Europe.




France
|
International
|
company
|
management
|
lifestyle
|
Editorial Blogs
|
Different
|
native advertising
|
Juri
|
Art and culture
|
foresight
|
real estate industry
|
Intelligence and economic security – “Vauban’s notebooks”

Leave a Comment