Europe May Depend Much More on US Gas
A new report says Europe could get 80% of its LNG from the United States by 2028, which may create a new energy dependence while Russian supplies are being cut.
Europe may become much more dependent on gas from the United States.
A report released on Wednesday said European countries could import 80% of their liquefied natural gas, or LNG, from the US by 2028.
Many European governments are reducing Russian energy purchases because of the war and political tensions. That has pushed them to buy more from other suppliers.
The United States is already becoming Europe's biggest gas supplier. The report says Europe may get about two-thirds of its LNG from the US in 2026.
Researchers warned that this could create a new problem. Europe is trying to escape one dependence, but it may be building another.
If too much energy comes from one country, prices and politics can become more risky. Sudden changes in supply, diplomacy or markets can affect the whole region.
The report says Europe should invest more in renewable energy, heat pumps and other ways to reduce fuel imports.
So the issue is not only where Europe buys gas today. It is also about whether the continent can build a safer and more flexible energy system for the future.