... Regarding energy supplies, Europe pledged to move away from Russian oil and gas and to purchase U.S. energy totaling $250 billion annually during Donald Trump’s administration. In Glasgow, Ursula von der Leyen stated that the EU no longer wishes to depend on Russian resources, noting that American LNG is “far superior.” According to her, the bloc's assessments are based on the existing plan to cease reliance on Russian fossil fuels and procure “more accessible and higher quality” liquefied ...

... Commission Ursula von der Leyen about the potential replacement of Russian liquefied natural gas (LNG) with American LNG once again focuses attention on the energy security and independence of Europe. The EU is seeking to diversify gas sources and reduce dependence on Russia, but how realistic is it to do so? Let's figure out what opportunities and risks this idea hides and how replacing Russian LNG with American LNG will affect the European market and investors. The current situation with LNG consumption ...

... well as enhanced cooperation with alternative oil suppliers, such as countries in the Middle East or Latin America, to reduce dependency on the U.S. market. Additionally, media reports reveal that against the backdrop of Trump's threats, a high-level delegation ... ... provided fossil fuel sectors with a further impetus for development. Experts emphasize that while the development of renewable energies (wind, solar, etc.) continues to accelerate, a complete immediate shift away from traditional fuels is not feasible. ...

... Sources The latest spike in traditional fuel prices raises the question of alternative solutions in the energy and transportation sectors. One approach is **the electrification of transport**. Electric vehicles powered by the grid can partially reduce dependence on gasoline. In countries with expensive gasoline, the transition to electric vehicles becomes a popular cost-saving strategy for citizens and companies. However, in Russia, the electric vehicle fleet is still small (less than 0.5% of the total ...

... liquefaction and transatlantic transportation costs. For European consumers, this means increased gas prices. In 2023, U.S. LNG prices in Europe averaged 15-20% higher than Russian LNG prices. Logistical Risks: Transporting LNG from the United States depends on stable shipping routes and significant logistical resources. Higher import volumes may strain the main maritime routes, posing risks of delays and additional costs. Economic Feasibility Analysis for Europe While the EU aims to diversify its ...