Europe's transition to renewable energy comes at a time when US President Donald Trump, upon inauguration, pulled out of the Paris Agreement aiming to pursue a "drill, baby, drill" energy policy.
LNG is expensive. If Russia is selling gas to the EU again, it would have a decent time pushing out US LNG sales. A lot of gas is used outside of power generation, so consumption is not going to drop overnight.
LNG is expensive. If Russia is selling gas to the EU again, it would have a decent time pushing out US LNG sales. A lot of gas is used outside of power generation, so consumption is not going to drop overnight.