Europe sets LNG import record for November

Europe has set an all-time record for liquefied natural gas (LNG) imports in November. This became known on December 2.

According to TASS calculations based on data from Gas Infrastructure Europe (GIE), LNG shipments to the European region have increased by 28% since the beginning of the year.

By the end of November, LNG flows from Europe's terminals to the European Union (EU) gas transportation system amounted to approximately 12.5 billion cubic meters, which is 0.8% lower than in October and 33% more than in November 2024.

In total, following the results of 11 months, LNG shipments from terminals to the European gas transportation system remained at a record level and exceeded 129 billion cubic meters, which is 28.3% more than in the same period of 2024.

According to information from the European Network of Gas Transmission System Operators (ENTSOG) dated November 20, LNG supplies this year occupy the first place in terms of the share among European gas sources — 42.6%. Supplies from the North Sea (mainly Norwegian gas) are in second place with a share of 36.9%, while gas supplies from North Africa are in third place (with 8.9%).

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They want to adopt the new restrictions by the end of 2025, but the work on them shows that the EU's pressure on Russia has reached an impasse.

On October 8, Reuters reported that the EU ambassadors agreed to continue implementing a plan to stop importing Russian oil and gas by 2028. Almost all EU countries are said to have supported the project, despite criticism from Hungary and Slovakia.

Kirill Dmitriev, head of the Russian Direct Investment Fund (RDIF) and special presidential envoy for investment and economic cooperation with foreign countries, said on October 16 that Europe had lost more than 1.3 trillion euros due to the abandonment of Russian gas. In addition, he noted that the states of the Middle East and Africa are ready to invest in Russian energy projects.

On October 23, Russian Foreign Ministry spokeswoman Maria Zakharova, responding to a question from Izvestia, called the EU's approval of a ban on gas imports from Russia complete darkness. She also drew attention to the proposal in the association on monitoring transit supplies. Zakharova stated that this was impossible, drawing a parallel with the plot of the fairy tale "The Girl with Matches", where a freezing child is forbidden to receive help.

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