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Tue, Jul 29

NEWS: Can the EU meet its LNG import goals?

The EU’s $750B energy promise to the US makes good politics, but not much logistical sense. 

  • Global energy expert Anne-Sophie Corbeau points out the math problem: In 2024, the EU imported about $89B in energy from the US—a third of the annual target. Total EU energy imports last year were ~$433B, meaning the bloc would have to divert 60% of all foreign energy purchases to US suppliers to hit the goal. As Corbeau and other experts have suggested, it seems unlikely the EU can do that with LNG only.

  • Just last month, Corbeau joined Power Perspectives to break down LNG’s role as a geopolitical wildcard and flag key US-China-Russia dynamics utility leaders should watch amid rising policy volatility. It’s a timely listen—check it out here.

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