European Reliance on Russian Gas and Shift to LNG – Overview, Challenges and Case Studies

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European Reliance on Russian Gas Shift to LNG Report Overview

The European natural gas demand is expected to reach more than 440 bcm in 2030. This represents a negative CAGR rate of more than 5% between 2022 and 2030. This negative growth reflects the region’s shift away from natural gas as it diversifies its energy mix. However, despite this drop, demand will continue to exceed supply. Most of the demand will be met by domestic supply.

Due to its reliance on natural gas via pipeline, Europe currently has an underdeveloped LNG infrastructure. For example, the bloc’s largest economy, Germany, did not have an active LNG regasification plant before December 2022. As a result, European countries have been increasing their LNG import capacity primarily through constructing floating LNG storage and regasification units.

The “European reliance of natural gas on Russia“ market research report will help to obtain the most up-to-date information on recent developments and policies regarding Europe’s reliance on Russian gas and its LNG adoption. The report will also assist in identifying opportunities in upcoming projects involving LNG infrastructure in Europe.

Europe Gas Market Outlook, 2015-2030

Europe Gas Market Outlook, 2015-2030

Market Demand of Natural Gas (2022) >440 bcm
CAGR <(5)%

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European Dependence on Russian Gas

Russia has been Europe’s biggest supplier of natural gas for several years, creating significant gaps in supply in the wake of the conflict. Oil and gas pipelines have created high dependencies on Russian gas in central and eastern European states. Europe’s gas demand will continue to outpace domestic supply. Thus, Europe must find other natural gas suppliers to wean itself off Russian while maintaining energy security

In addition, imports from countries such as Norway and the US have grown in recent years, especially between 2018 and 2021. However, reliance on Russian gas has also continued to rise. The bloc plans to wean itself off Russian gas imports as early as 2027. However, due to its previous reliance, the EU is now posed with the challenge of balancing energy security with its decarbonization goals.

EU Transnational Deals by Fuel Type, March 2022 – January 2023

EU Transnational Deals by Fuel Type, March 2022 - January 2023

For more insights on the dependence of European nations for natural gas on Russia, download a free report sample

European Policy Response to The Russia-Ukraine Conflict

There has been an increase in deal activity as the bloc continues to decrease its reliance on Russian gas. Since the start of the Russia-Ukraine conflict, the European bloc has completed several energy deals, with the bulk of these deals relating to natural gas. Out of all the European countries, Italy has been the most active between March 2022 and January 2023 with a view to replacing its reliance on Russian gas, which constituted more than 43% of total gas supplies in 2020.

For more insights into the policy response on the Russia-Ukraine conflict, download a free report sample

Europe’s Shift to LNG – Challenges

Although LNG imports will help alleviate energy insecurity, the switch holds many challenges. Limited regasification capacity is one of the key challenges. For instance, many countries within Europe lack regasification capacity, which limits the extent to which they can swap natural gas for LNG imports. For example, Europe’s largest economy Germany had no LNG regasification plant in operation before December 2022.

For more insights into the challenges to the shift to LNG, download a free report sample


European dependence on Russian gas, European policy response to the Russia-Ukraine conflict, Europe’s shift to LNG.

Reasons to Buy

  • Obtain the most up to date information on recent developments and policies about Europe’s reliance on Russian gas and its LNG adoption.
  • Identify opportunities in upcoming projects involving LNG infrastructure in Europe.
  • Assess the landscape of European countries’ dependency on Russian gas important and LNG import capacity.
  • Develop business strategies by identifying the most promising sectors for future growth.

Gasgrid Finland Oy
Excelerate Energy
Open Grid Europe

Table of Contents

Executive summary

A timeline of increasing reliance on Russian gas

The European gas market

EU natural gas imports over time

EU reliance on Russian gas imports

Russian gas reliance by country

IEA’s Plan

Repower EU Plan

European energy deals in the wake of the Ukraine conflict

Natural gas deals by import country

Natural gas deals by partner country

Challenges of shifting to LNG

LNG imports to EU and main importers over time

EU LNG deal activity since Ukraine’s invasion

Leading European countries by regasification capacity

Case studies: How Germany plans to use LNG to balance energy security and decarbonization

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Recent EU LNG deals


Map of natural gas pipelines and LNG carriers in Europe

European gas market, 2015-2030

EU’s natural gas imports relative to domestic production

Key suppliers of EU natural gas imports

EU reliance on Russian gas imports over time, 2015 – 2021

Dependence on Russian gas imports in 2020 by country

EU transnational deals by fuel type, March 2022 – January 2023

Deals by individual European countries by fuel type, March 2022 – January 2023

European natural gas deals by EU country, March 2022 – January 2023

LNG imports to the European Union and main partner countries, 2015 – 2021

Top five European countries by regasification capacity

Map of active and planned LNG infrastructure projects in Europe

Frequently asked questions

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