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Project Insights

European LNG terminals see higher utilisation as spot prices drop

Low prices for spot LNG in Asia have led to more cargoes heading to European ports in recent months, boosting utilisation rates at Europe's terminals Low prices for spot LNG in Asia have led to more cargoes heading to European ports in recent months, boosting utilisation rates at Europe's terminals.
By Andreas Walstad 5 July 2019 Europe & Russia / LNG 0 34372
European LNG terminals

The utilisation rate of LNG terminals across Europe has risen on an annual basis over the past few months as low spot prices in Asia have resulted in more cargoes finding their way to European ports.

Capacity utilisation at LNG terminals in Europe

The average utilisation rate of LNG terminals across Europe was 43% in June 2019, up from 19% in June 2018, according to data from Gas Infrastructure Europe’s ALSI transparency platform. Italy’s...