ENTSOG TYNDP 2017 - Main Report

The re-export of LNG vessels significantly decreased the last year in Europe. The evolution varies between countries and can be seen in figure 3.15  1) . Depending on the country, in 2015 between 57% (NL) and 8% (FR) of the LNG initially imported was re-exported. Not shown in the graph, the UK has also become a small LNG re-exporting country (only 2%) for the first time during 2015.

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% of re-exported LNG per country compared to the total LNG initially imported, years 2014 & 2015 Year BE FR NL PT ES 2014 54 9 45 20 33 2015 31 8 57 19 12

Figure 3.15: Split of European LNG re-exported (as energy source, not volume of fuel) (Own depiction, based on data from GIIGNL)

This demonstrates how the global LNG market functions and how the higher prices in other regions, especially in Asia, have been attracting vessels despite the exist- ence of European destination clauses.

 1) According to GIIGNL data

Image courtesy of Enagás

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