Daily Energy Report
EU LNG imports, Future oil supply, Oil price rising, China’s Iran imports, EU’s Russian oil charade, US copper, Australia/China mining, China coal, Puerto Rico power pinch, China RE sales, and more.
July 14, 2025
Notice: There will be no Daily Energy Report tomorrow. Some of our team members are attending the Money Show in Las Vegas where Dr. Alhajji will deliver the keynote speech, “Energy Markets Outlook: Debunking the Narratives.” We will post the video of the speech once available.
Chart of the Day
EOA: EU LNG Imports Rise to 51% of Total Gas Imports
Summary
In June, EU LNG imports stayed strong for the sixth month, totaling 9.05 million tons (mt) to offset lost Russian gas via Ukraine and to restock storage for winter. France led with 1.66 mt, followed by the Netherlands (1.6 mt) and Italy (1.44 mt).
The US supplied 57.2% of EU LNG, Russia 14.9%, Algeria 7.3%, and Qatar 5.9%. Other suppliers included Nigeria, Norway, Angola, Trinidad and Tobago, Peru, Mauritania, Mexico, and Equatorial Guinea.
LNG made up 51% of EU gas imports, with pipeline gas at 49%. Norway led suppliers at 30%, followed by the US at 29.2%, Algeria (gas and LNG) at 14.2%, and Russia (gas and LNG) at 12.5%, as shown in Figure (1).