Investigate Europe: Betting on US natural gas is risky

Cooperation between the EU and the US in the energy sector may carry a number of risks, according to the analysis of the research group Investigate Europe, Report informs referring to foreign media.

European companies over the past 10 years have concluded at least 33 contracts for the supply of the US LNG, ten of them only in 2022. This trend makes it clear that the new dependence of Europe on the US is full of dangers, at least since Donald Trump came to power. Now the country is considered subject to political fluctuations.

In addition, recently the country’s image as a reliable partner of Europe has suffered significantly. That’s because the price of gas in the US since the beginning of last year has more than doubled, the media say.