Western Europe’s energy supply ‘vulnerable’ – Bloomberg ...News

Russia Today - Economy
Western Europe’s energy supply ‘vulnerable’ – Bloomberg
source : Russia Today ( News ) () 15
Giving up Russian gas for US LNG undermines the region’s security, analysts say Replacing Russian gas with liquefied natural gas (LNG) from the US has exposed the EU’s energy system to major security risks, Bloomberg has reported, citing industry experts. The US, which started exporting its shale gas only in 2016, is currently the second-biggest gas supplier to the EU after Norway. In 2023, the US became the world’s top LNG exporter.  Many EU states dramatically increased LNG purchases in 2023 following the drop in pipeline gas flows from Russia due to Ukraine-related sanctions and the sabotage of the Nord Stream

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