Daily Energy Report

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CHART OF THE DAY: The LNG Interdependence between the EU and the US

Figure (1)

Summary:

Figure (1) above shows that while the EU sources its LNG needs from 10 countries, about 90% of its imports are from five suppliers.  The EU depends on the US for 44% of its LNG requirements.  

Although some EU members have halted or reduced their dependence on piped Russian gas, they have sharply increased at the same time their imports of Russian LNG.

Commentary: