European buyers hesitant to commit to U.S. LNG long-term supply agreements

Summary

European buyers are not committing to long-term LNG supply agreements with U.S. exporters amid concerns of over-reliance on American gas. Despite the EU's phase-out of Russian gas imports and a tighter global LNG market, U.S. developers face challenges in securing these deals. The EU could source up to 80% of its LNG imports from the U.S. by 2028, but current commitments remain limited.

Recent Coverage

• Europe Wary Of Too Much Dependence on U.S. LNG

  OilPrice.com • Jun 12