IEEFA: EU risks new energy dependence as US could supply 80% of its LNG imports by 2030
Published by Jessica Casey,
Editor
LNG Industry,
The EU has strengthened its energy security by cutting gas demand by over 20% between 2021 – 2024 and curbing gas imports from Russia. However, this progress masks a new vulnerability for the EU: Incentivising imports of US LNG has created a potentially high-risk new geopolitical dependency.
Following Russia’s invasion of Ukraine in 2022, the EU has gradually reduced its reliance on Russian gas. The bloc’s imports of Russian gas (including pipeline gas and LNG) fell by 75% between 2021 – 2025. Despite this shift, Russia remains one of the EU’s largest gas suppliers.
The EU has agreed to a legally binding, stepwise prohibition on both LNG and pipeline gas imports from Russia, with a full ban from the end of 2026 and autumn 2027, respectively.
Recent EU imports of gas from Norway have been consistent, averaging around 90 billion cubm3/y in the last four years.
The pivot away from Russian gas has increased the EU’s strategic dependency on US LNG, the most expensive LNG for EU buyers. EU imports of US LNG rose from 21 billion m3 in 2021 to an estimated 81 billion m3 in 2025, an almost fourfold increase. This means that EU countries sourced 57% of their LNG imports from the US in 2025.
13 EU countries imported US LNG in 2025. The Netherlands, France, Spain, Italy, and Germany accounted for 75% of the bloc’s imports of US LNG in 2025.
As part of the trade deal announced between the EU and US in July 2025, the EU intends to buy US$750 billion of US energy by 2028. The deal effectively ties the EU’s energy supply to one seller, risking energy security and jeopardising gas reduction plans.
The Institute for Energy and Financial Analysis (IEEFA) calculates that if EU countries were to spend US$750 billion on renewables instead, the EU could install about 546 GW of combined solar and wind capacity. This would boost energy security and could bring down electricity prices.
EU countries’ dependency on US LNG is set to deepen following LNG supply deals announced at the Gastech conference in Milan in September 2025 and the Partnership for Transatlantic Energy Cooperation (P-TEC) meeting in Athens in November 2025. But by locking in long-term gas contracts, the EU risks undermining its Green Deal and energy autonomy.
IEEFA has calculated a 2030 scenario where all these deals materialise and EU gas demand reduction efforts falter. The deals could increase EU imports of US LNG to around 115 billion m3/y by 2030, meaning 75 – 80% of the bloc’s LNG imports would be from the US.
The EU sourced 27% of its total gas and LNG imports from the US in 2025. New LNG contracts mean this figure could rise to 40% by 2030 under the 2030 scenario. The EU's REPowerEU plan to end its reliance on Russian fossil fuels aims to enhance energy security through diversification, demand reduction and making energy more affordable. An over-reliance on US gas contradicts this strategy.
By Ana Maria Jaller-Makarewicz, Lead Energy Analyst, Europe, at IEEFA.
Read the article online at: https://www.lngindustry.com/special-reports/19012026/ieefa-eu-risks-new-energy-dependence-as-us-could-supply-80-of-its-lng-imports-by-2030/
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