Pressure is mounting on European nations to restock their gas storage by shipping in more LNG imports as Russia slashes pipeline supplies further.
But the floating storage and regasification units booked to bolster Europe’s LNG import capacity will only be able to provide small volumes for this winter season.
Consultant Andy Flower said that based on BP’s statistics for 2021, the European Union imported 132bn cbm of gas from Russia, which equates to 98 million tonnes per annum of LNG.
