Back to Russian gas Trump wary EU has energy security dilemma

More than three years after Russia's invasion of Ukraine, Europe's energy security is fragile.

U.S. liquefied natural gas helped to plug the Russian supply gap in Europe during the 2022-2023 energy crisis.

But now that President Donald Trump has rocked relationships with Europe established after World War Two, and turned to energy as a bargaining chip in trade negotiations, businesses are wary that reliance on the United States has become another vulnerability.

Against this backdrop, executives at major EU firms have begun to say what would have been unthinkable a year ago: that importing some Russian gas, including from Russian state giant Gazprom, could be a good idea.

That would require another major policy shift given that Russia’s invasion of Ukraine in 2022 made the European Union pledge to end Russian energy imports by 2027.

Europe has limited options. Talks with LNG giant Qatar for more gas have stalled, and while the deployment of renewables has accelerated, the rate is not fast enough to allow the EU to feel secure.

"If there is a reasonable peace in Ukraine, we could go back to flows of 60 billion cubic metres, maybe 70, annually, including LNG," Didier Holleaux, executive vice-president at France's Engie, told Reuters in an interview.

Amaravati Today is a news channel that provides the latest updates on world affairs and sports events. It covers a wide range of topics, including international politics, major global incidents, and sports highlights
#WorldNews #GlobalInsights #AmaravatiToday #News #InternationalNews #GlobalNews #Politics

Subscribe to the Amaravati Today channel and tap the bell icon to receive notifications whenever we go live
   / @atnewsroom  

Follow Amaravati Today on x or Twitter:
https://x.com/amaravati_today

Follow Amaravati Today on Facebook:
  / amaravatitoday  

Follow Amaravati Today on Instagram:
  / amaravatitodayofficial  

Follow Amaravati Today on Rumble:
https://rumble.com/user/Amaravatitoday

Follow Amaravati Today on Linkedin:
  / amaravati-today  


Follow Amaravati Today on WhatsApp:
https://www.whatsapp.com/channel/0029...

Website: https://www.amaravati.today/

Source: Reuters