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Posted November 28, 2022 Today in Energy

Europe’s LNG import capacity set to expand by one-third by end of 2024 ›

Liquefied natural gas (LNG) import capacity in the European Union (EU) and the United Kingdom (UK) will expand by 34%, or 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021, according to the International Group of Liquefied Natural Gas Importers (GIIGNL) and trade press data. Expansions of import, or regasification, capacity will total 5.3 Bcf/d by the end of next year and grow further by an additional 1.5 Bcf/d by the end of 2024. More

LNG import capaciity into Europe

Data source: The International Group of Liquefied Natural Gas Importers (GIIGNL) and trade press

Data Highlights

Retail gasoline price

11/28/2022: $3.534/gal

down$0.114 from week earlier
up$0.154 from year earlier

Retail diesel price

11/28/2022: $5.141/gal

down$0.092 from week earlier
up$1.421 from year earlier

WTI crude oil futures price

11/25/2022: $76.28/barrel

down$3.80 from week earlier
down$2.11 from year earlier

Natural gas futures price

11/25/2022: $7.024/MMBtu

up$0.721 from week earlier
up$1.956 from year earlier

Weekly coal production

11/12/2022: 11.721 million tons

down0.146 million tons from week earlier
up0.143 million tons from year earlier