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#EuropeGas

Europe’s gas supply: LNG, storage and winter security

How Europe replaces lost gas supply: LNG imports, storage, demand cuts and new suppliers.

Since 2022 Europe has replaced much of the Russian pipeline gas it lost with liquefied natural gas (LNG). In 2026 the disruption of Gulf LNG supply tested that model again, putting storage levels, prices and demand under pressure ahead of winter.

Our analysis covers Europe’s LNG dependence, storage and demand measures, the role of US and other suppliers, and what a winter with less LNG means for prices and industry.

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