Europe Faces Fresh LNG Worry, This Time From the US
Europe is relying more on U.S. liquefied natural gas as it cuts use of Russian pipeline gas, with Poland among the countries most dependent on American LNG, data from Rzeczpospolita and IEEFA show. The Institute for Energy Economics and Financial Analysis thinks the U.S. will provide about two-thirds of Europe’s LNG in 2026, and could supply up to 80% of EU LNG by 2028. Europe is pushing to end its reliance on Russian gas just as Qatari export disruptions and tighter global LNG supplies force U.S. cargoes to fill the gap. On Tuesday, U.S. gas exporters asked the EU to put off applying a new methane emissions law to 2028, saying uncertainty around the rule is stalling long-term supply contracts.