While many may be counting on US LNG as an alternative solution to solve the diversification dilemma in Europe, Sergei Komlev, Head of Contract Structuring and Price Formation Directorate, Gazprom Export, says "not so fast."

Things are not any easier for the natural gas business in Europe at the beginning of 2015, but in a session dedicated to new customers and new markets, industry representatives gathered in Vienna, Austria at the European Gas Conference offered their views on how gas might regain its position amid the numerous challenges.

Amid the military escalation in Eastern Ukraine, the geopolitical arm-wrestling between Brussels and Moscow, and its impact on natural gas matters, can only get more complicated.

Europe is luring twice as many liquefied natural gas (LNG) tankers as last year and more are expected in what is now the premium-priced market after a year-long demand slump in Asia.

There was no clear answer to the question of where LNG for Europe might come from in a session devoted to the topic at the European Gas Conference in Vienna, Austria, but that didn't mean that panel participants were unable to provide a wealth of information and insights to the discussion.

Russia's Yamal LNG sees global liquefied gas deficit by 2018

Australia Pacific LNG receives first gas at Curtis Island

Contract LNG prices in Japan projected to fall 38% through 2016

Gazprom to market Yamal-sourced LNG to Europe and South America

European shipments of liquefied natural gas (LNG) are set to fall from record levels as the lowest Asian prices since 2010 remove the incentive to re-export the fuel.