Only an exceptionally strong El Niño will meaningfully ease Europe's LNG needs this winter, and forecasters currently rate that outcome as a long shot. Rystad Energy's analysis indicates that European winter temperatures would need to be at least 2 degrees Celsius above the historical average before the region's LNG demand could fall to or below last winter's level. Current forecasts point to a strong El Niño event forming through the winter of 2026-2027, potentially the most intense since 2015, however a strong El Niño event…

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