Pressure from Washington and compliance from Brussels has left the bloc at the mercy of the US
The EU fears its long-term dependence on American liquefied natural gas (LNG) imports. Promised “molecules of freedom” by Washington, Europe now finds itself in a prison largely of its own design.
The EU has embraced a “potentially high-risk new geopolitical dependency” on American LNG, a new report by the Ohio-based Institute for Energy Economics and Financial Analysis (IEEFA) warned last week.
With the US set to supply up to 80% of the bloc’s LNG imports by 2030, a European diplomat told Politico that some officials in Brussels now see themselves…
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