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Gas Regional Investment Plan of the South Region 2017
Given the EU’s highly developed regasification capacities of 213bcm/year, LNG is a
reliable way to increase diversification of sources and ensure security of supply. In
its communication from February 2016, on LNG and gas storage strategy, the EU
commission confirmed its aim to improve access of all Member States to LNG as an
alternative source of gas.
1)
This goal was confirmed by a Resolution
2)
from European
Parliament on 25 October 2016, who underlined that priority should be given to
market-based solutions.
1)
https://ec.europa.eu/energy/sites/ener/files/documents/1_EN_ACT_part1_v10-1.pdf2)
http://www.europarl.europa.eu/sides/getDoc.do?pubRef=-//EP//TEXT+TA+P8-TA-2016-0406+0+DOC+XML+V0//EN
SHARE OF THE LNG WORLD MARKET IN 2015 (%)
WORLD
EU27
SOUTH REGION
Algeria
5%
3%
3%
Equatorial Guinea
2%
0%
0%
Nigeria
8%
2%
2%
Norway
2%
1%
0%
Trinidad & Tobago
5%
0%
0%
Atlantic Basin
22%
6%
5%
Abu Dhabi
2%
0%
0%
Oman
3%
0%
0%
Qatar
32%
8%
1%
Yemen
1%
0%
0%
Middle East
38%
8%
1%
Australia
12%
0%
0%
Brunei
3%
0%
0%
USA
0%
0%
0%
Indonesia
7%
0%
0%
Malaysia
10%
0%
0%
Papua New Guinea
3%
0%
0%
Peru
1%
0%
0%
Russia
4%
0%
0%
Pacific Basin
40%
0%
0%
Total
100%
14%
6%
Table 4.1:
Share of each country as a supplier in trade for the World, EU-27, and the South
Region (Source: GIIGNL 2016 report)