EU becomes world’s top LNG importer ...News

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EU becomes world’s top LNG importer
The bloc’s purchases of liquefied natural gas outstripped those of China, Japan and South Korea in 2022 Purchases of liquified natural gas (LNG) made by countries of the European Union in 2022 soared 58% versus the previous year, making the bloc the world’s number one importer of the fuel, FT reported Monday, citing data from Refinitiv. Last year, the EU’s imports of LNG amounted to 101 million tons, having outpaced purchases made by China, Japan and South Korea. EU imports of LNG equaled 137 billion cubic meters (bcm) of natural gas, which is just three bcm less than the volumes supplied by Russia in 2021. Last y

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