Bertille Bayart: “Europe in a state of persistent energy insecurity”. The shale gas revolution has made the United States the world's largest LNG exporter by 2023.
In less than two years, American gas has taken half of the LNG market in Europe, a fifth of the gas market (behind Norway) This is the first of the factors which enabled Europe to cope with the disruption in Russian gas supplies between the start of 2021 and the end of 2022. The Old Continent was able to spend the winter of 2022-2023…