Daily liquefied natural gas (LNG) imports into Europe fell to a 20-month low on July 2, totaling just 261 million cubic meters.
The sharp decline in flows occurred despite a continent-wide heatwave that typically drives up demand for cooling and power generation, as well as the pressing need to refill depleted underground gas storage (UGS) facilities ahead of the winter season.
1 billion cubic meters, marking the lowest monthly import volume in ten months.
The drop in daily imports follows a broader trend of weakening supply flows into the European Union.
In June, total LNG flows into the EU transmission system fell to approximately 10.1 billion cubic meters, marking the lowest monthly import volume in ten months.
This sustained reduction in supply inflows raises questions about the pace of storage replenishment and potential tightness in the market as summer demand peaks.
The divergence between high seasonal demand and low import volumes highlights structural shifts in European gas supply chains.