By Alexander Miller, consultant in energy and mining markets. Eurasia Business News, November 15, 2025. Article n°1899
Europe’s surge in liquefied natural gas (LNG) demand is significantly reshaping the global gas market in 2025. Following the end of Russian pipeline gas flows through Ukraine in early 2022, Europe rapidly increased its LNG imports as a substitute to ensure energy security. This has made Europe the largest LNG importer since 2022, pulling cargoes away from traditional Asian markets, whose imports have weakened in comparison due to higher prices driven by European competition.
Despite an overall forecast decline in Europe’s natural gas demand by about 15-20% through to 2030, its reliance on LNG remains strong to replace dwindling pipeline supplies and domestic output. LNG imports to Europe surged significantly in the first half of 2025, for example by 24% year-over-year, with U.S. LNG shipments to Europe growing 46% in the same period. This shift has triggered global market adjustments, with LNG prices impacted by tight supply and intensified competition among exporters.
Read also : Tax Management strategies for Digital Nomads
The European LNG import capacity expanded substantially between 2022 and 2024, though growth is predicted to slow in 2025. Meanwhile, Europe’s LNG demand surge interrupts the historic dominance of Asia as the main LNG market, redistributing market power and influencing global LNG trade flows and price dynamics.
Read also : Gold : Build Your Wealth and Freedom
Currently, Russian LNG accounted for about 10% of the EU’s LNG imports, with countries like France, Spain, the Netherlands, and Italy among the main importers. The EU has been actively replacing Russian gas with suppliers like the U.S., which is now the dominant LNG supplier to Europe.
Our community already has 180,000 readers, joins us !
Subscribe to our Telegram channel
Follow us on Telegram, Facebook and Twitter
© Copyright 2025 – Eurasia Business News. Article no. 1899