Europe is dependent on gas – and is trading one energy risk for another. Booming American supplies now account for about half of the region's LNG imports.
If gas delivered via pipelines is also taken into account, the USA is the bloc's second-largest gas supplier after its neighbor Norway. Europe's decreasing dependence on Russian gas began even before Vladimir Putin's invasion of Ukraine in 2022. These moves have served to drive up prices and speed up the approval and approval of controversial and controversial projects.