The US already supplies more than half of the EU’s LNG imports and more than 80pc of Britain’s.
With a ban on Russian gas imports coming at the start of 2027, and almost nowhere else bringing more LNG onstream, Europe’s dependence on American gas is only set to grow.
Gulf gas giant QatarEnergy had bad news for its European customers this week. With the Strait of Hormuz still blocked, some countries have been told that yet more of Qatar’s scheduled gas deliveries would never arrive.
Liquefied natural gas (LNG) contracts have now been cancelled until at least July. By then, Europe’s energy firms will be starting to restock their gas reserves for the coming winter.
Their normal deadline for refilling the storage tanks is Nov 1. Countries simply can’t wait much longer for Hormuz to reopen.Get The Full, Details. .
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