Europe’s Dependence on U.S. LNG Is Set to Surge — Or Will They Break and Reopen Russian Natural Gas If the War Ends Soon?
Europe’s shift away from Russian pipeline gas has come at a steep price: a rapidly deepening reliance on U.S. liquefied natural gas (LNG). According to a new analysis highlighted today by OilPrice.com, the European Union’s dependence on American LNG is projected to climb sharply, reaching as high as 80% of all LNG imports within two […]
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