Risky business? Europe's gas demand has plummeted, so why is it building more LNG capacity?

Michael Holder
clock • 6 min read
Credit: iStock
Image:

Credit: iStock

Russia's invasion of Ukraine has helped drive down fossil gas demand across the EU and UK by almost a fifth as countries shift towards cleaner, cheaper homegrown energy, IEEFA analysis shows

Europe's consumption of fossil gas has fallen to its lowest level in a decade as countries across the continent have sought to ramp up efficiency measures and source alternatives to imported fossil fuels...

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