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Ten-Year Network Development Plan 2017 Main Report

0

100

80

40

60

20

bcma

2001 2002 2003 2004 2005 2006 2007 2008 2009

2011

2010

2012

2015

2014

2013

EU

Turkey

Figure 3.36:

Evolution of LNG imports in Europe-Eurasia. 2001–2015

(Source: BP statistical reports 2002–2016)

Asia Pacific

The Asia Pacific gas market is strongly dominated by Japan and South Korea.

Japanese LNG imports grew from 2011 following the nuclear accident in Fukushi-

ma, reaching 121bcma in 2014. In 2015 Japan showed a market share of 49%

followed by South Korea with 18%. The remaining countries in the region, like

China, India and Taiwan, account for roughly one third of the market. However,

these countries showed a sharp increase in consumption in the last few years, which

is expected to continue in the future.

EU and Turkey

After a period of growth, the LNG consumption fell sharply by 43% to about 55bcm

in 2015 compared to the peak of 82bcm in 2011. European LNG import down to

almost 50 bcma while Turkish LNG import remained relatively stable at about

5bcma.

Image courtesy of Reganosa