Europe could face massive LNG overcapacity

More than half of Europe’s LNG infrastructure could go unused by 2030. This is the result of an analysis by the Institute for Energy Economics and Financial Analysis (IEEFA). By 2030, LNG terminal capacity could exceed 400 billion cubic meters if all expansion plans are realized. According to different estimates, demand in 2030 is expected to be only 150 to 190 billion cubic meters.