Liquefied Natural Gas (LNG) & LNG infrastructure: a major contribution to a sustainable, competitive and secure European gas market
Speaker: Francisco De La Flor, GLE President
The CO2 emissions reduction targets together with a decreasing indigenous gas production makes Liquefied Natural Gas (LNG) an essential source of energy for Europe as natural gas has proven to be the cleanest, most efficient and versatile of fossil fuels.
LNG makes gas reserves around the world accessible to the European market, contributing to the security of supply by providing diversification of sources and competition. The high level of flexibility of LNG supplies turns it into the ideal complement for the development and integration of renewables.
LNG Terminals have been operating safely in Europe for more than 40 years supplying a reliable source of energy. To keep the development of LNG infrastructure going on, a sound investment climate as well as regulatory stability is required.