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Flurry of new European LNG projects risk underutilization amid muted demand

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European LNG regasification projects are set to increase the continent’s LNG capacity by 121 million mt/year before the end of the decade, yet with waning European demand and utilization rates at operating terminals below 50%, questions arise to the potential overinvestment and underutilization of the market. At present, there are 42 projects across Europe with ...

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