A year after Russia’s invasion of Ukraine splintered the energy landscape in Europe, the region is continuing to diversify its natural gas supply, thanks in part to a wave of LNG imports. However, it still faces years of possible shortages as global export capacity remains tight.

Since last February, liquefied natural gas imports have taken the spotlight as a balancing force for Europe’s natural gas supply as countries moved to staunch the impact of dwindling Russian pipeline gas. LNG flows to Europe nearly doubled, jumping to 106.44 million tons (Mt) last year compared to 68.26 Mt in 2021, according to data from Kpler.

While allied partnerships helped LNG imports increase exponentially, the super-chilled fuel made up about 25% of Europe’s gas supply by last November....