Europe’s seaborne imports of gas fall by fifth to lowest since 2021, report finds

<p>UK records 47% annual drop as governments aim to replace fossil fuels but also spend billions on new LNG terminals</p><p>European imports of seaborne gas shipments fell by a fifth last year to their lowest level since the pandemic, according to a new report, while the UK’s plunged by nearly a half, but governments are continuing to spend billions on new import terminals.</p><p>The Institute for Energy Economics and Financial Analysis (IEEFA) found that Europe’s imports of liquefied natural gas, known as LNG, fell by 19% last year to lows not seen since 2021 as governments worked to replace <a href="https://www.theguardian.com/environment/oil">fossil fuels</a> with renewable energy.</p> <a href="https://www.theguardian.com/business/2025/feb/18/europe-uk-imports-liquefied-natural-gas-lng-report">Continue reading...</a>