Europe currently houses 22 operational large-scale LNG import terminals, with a further nine such terminals in the planning or construction stage as of 2019. The largest import terminal is located in Barcelona, Spain, with a nominal annual capacity of 17.1 billion cubic meters, some four billion cubic meters more than the Dunkirk, France terminal.
Although many European countries are reliant on LNG supplies, Russia and Norway are the only two exporters within Europe, sourcing LNG. Qatar is the leading exporter of LNG to Europe. This is compared to the many suppliers of re-exported LNG received from third parties. As of 2019, France is the world’s leading re-exporter of LNG.
Demand for LNG is expected to continue to be largely driven by the Asia Pacific region. By 2025, Europe is projected to account for nearly 15 percent of global demand, at 65 million metric tons.