The bloc\u2019s growing dependency on American LNG has sparked concerns amid fraying ties over Greenland<\/p>\n
The EU is seeking new gas suppliers as growing reliance on US-sourced liquefied natural gas (LNG) and deteriorating relations with Washington have raised concerns over energy security.
\nThe bloc has faced a surge in energy prices since reducing Russian oil and gas imports following the 2022 escalation of the Ukraine conflict. The shift away from comparatively inexpensive Russian pipeline gas has increased reliance on US energy, while legislation passed this week requires member states to halt all Russian deliveries by late 2027, leaving the EU exposed to supply risks.
\nEnergy Commissioner Dan Jorgensen told reporters on Wednesday that \u201cgeopolitical turmoil\u201d regarding Greenland has been a \u201cwake-up call\u201d for the region, which now relies on the US for more than half of its LNG supplies.
\n\u201cThere is a growing concern, which I share, that we risk replacing one dependency with another,\u201d Jorgensen, Denmark\u2019s representative in the European Commission, said. \u201cWe need to diversify it as much as possible,\u201d he added, noting that he will travel to Canada, Qatar, and North African countries in the coming months to discuss supplies.
\nThe autonomous Danish territory of Greenland has been at the center of a transatlantic rift since US President Donald Trump announced plans to annex it, citing its mineral wealth and strategic location, while initially refusing to rule out the use of force and threatening tariffs on opponents of the plan.<\/p>\n
Read more<\/p>\n
EU moves to cut off Russian gas \u2013 who will pay the price?<\/p>\n
Trump has increasingly used energy as leverage in trade talks with the EU. Under a deal announced last July, the bloc agreed to buy $750 billion worth of US energy by 2028 to avert higher tariffs, a pledge critics call coercive.
\nBefore the escalation of the Ukraine conflict in 2022, the EU imported 45% of its gas from Russia \u2013 the bloc\u2019s largest foreign supplier since the end of the Cold War. Western sanctions and sabotage of key infrastructure have slashed Russian gas deliveries; however, purchases of Russian LNG by the bloc remain significant.
\nReacting to the EU\u2019s recent decision to ban all Russian gas imports, Foreign Ministry spokeswoman Maria Zakharova said this could turn member states into Washington\u2019s \u201cmiserable slaves.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
The bloc\u2019s growing dependency on American LNG has sparked concerns amid fraying ties over Greenland The EU is seeking new gas suppliers as growing reliance on US-sourced liquefied natural gas…<\/p>\n","protected":false},"author":1,"featured_media":27753,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-27752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-environment","category-politics"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/27752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27752"}],"version-history":[{"count":0,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/posts\/27752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=\/wp\/v2\/media\/27753"}],"wp:attachment":[{"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mongolianews.mn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}