European Commission President Ursula von der Leyen suggesting replacing Russian liquefied natural gas (LNG) with U.S. exports in a phone conversation with U.S. President-elect Donald Trump on Nov. 8.
Von der Leyen spoke with Trump three days after his victory in the Nov. 5 presidential election.
Replacing Europe’s supplies of Russian LNG was “one of the topics” the two leaders discussed, von der Leyen told reporters in Budapest.
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The European Union imposed its first major restrictions on Russian gas, including LNG, in its 14th sanctions package in June. Russia still remains Europe’s second-largest importer of LNG, after the U.S.
Good move. But a better move would be to reduce reliance on LNG all together.
I find super funny that they tried to impose sanctions to something we are 100% depending on. And instead of, you know, fixing the problem of dependency, they’ll switch to a different dealer.
There are multiple sources for it and they only sanction one of them.
The dependency was massively reduced just in 2022 post invasion, but you can’t just go cold turkey.
We do that in parallel just takes time.
You can work on both at the same time, but you can’t abandon gas from one to the other second