Shale producers court European buyers in bid for key LNG market

Just a few years ago I spoke at an energy conference in London and met with a couple of LNG terminal developers there. I asked them why I never see them in Europe and all the time in Asia and they told me that Europe is a dead-end for LNG. I disagreed at the time, not because of the current situation with Russia of course. How could I possibly have known that? I disagreed because at the time Europe was the only performing sink market for volumes of LNG that nobody wanted. A sink of sorts. This was more of an opportunity than a problem. But the energy world rarely does what makes sense.

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