Why did the demand for gas in Europe decline in the lowest level in 11 years?

Low European demand for natural gas raises questions about the efforts made to build new stations to import LNG, but the field is still open to increase imports from the United States, as US President Donald Trump demanded, according to the European “Euronews” network.

Decreased European demand for gas

With the decrease in European gas demand to its lowest level in 11 years, liquefied natural gas imports to the European Union decreased by 16% last year 2024 compared to 2023, which is the market development that may have significant geopolitical effects.
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With gas supply decreased across the pipelines from Russia significantly, the European Union compensated for this by increasing its liquefied natural gas imports, especially from the United States – but also controversially from Russia itself.

LNG shipments

However, the Energy Economic Institute reported that liquefied natural gas shipments operate with an average of only 42% of its capacity.
“Double the construction of new LNG stations without taking into account the demands of demand increases the risk of excessive investment and not fully exploiting the infrastructure with the acceleration of the energy field.”

Europe pills of gas

However, the unexploited assets may not be the most urgent concern in Brussels, as the European Union continues to import large quantities of Russian liquefied natural gas, despite the informal goal set by the European Commission by ending all traditional fuel imports by 2027.
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The UNHCR spokeswoman, Anna Kaisa, has not confirmed whether the energy is specifically listed on the agenda.
LNG imports from the United States reached 63 billion cubic meters last year, or 46% of the total.
“A third of the European Union imports of Russian LNG were through trade in 2024.”