Europe’s shift away from Russian gas creates new LNG trade-offs

Chart showing projected EU LNG supply by country from 2026 to 2030, with Russian LNG falling to zero and US and spot market volumes rising.

The European Union’s push to phase out Russian gas is reshaping its LNG supply portfolio — but replacing Russian volumes with growing dependence on US and Qatari LNG could introduce fresh geopolitical, pricing and supplier concentration risks for European energy markets. Europe’s move away from Russian gas is changing the structure of its LNG portfolio. The report finds that replacing […]

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