Europe's Dependence On US LNG Set To Surge

Europe's Dependence On US LNG Set To Surge By Irina Slav of OilPrice.com The European Union’s dependence on liquefied natural gas from the United States is set to rise significantly, reaching 80% of all LNG imports in two years, the Institute for Energy Economics and Financial Analysis has warned. In a report cited by Reuters, IEEFA noted that the European Union already imports significant volumes of U.S. liquefied gas, creating a potentially risky dependence on a single supplie...