Press Release
01.10.2024

Additional US LNG projects are needed to contribute to Europe’s Energy Security

Energy security remains a key priority for Europe, especially in light of recent geopolitical challenges. Eurogas urges timely expansion of US LNG projects to strengthen supply stability and meet growing global demand.

At Eurogas, we believe that a stable and predictable regulatory framework is essential to attract investments in the energy sector and promote new LNG supply sources from the US, meeting the increasing LNG demand in Europe and globally.

Therefore, we advocate for clarity on lifting the current pause on LNG permitting by the Department of Energy, as well as addressing legal and regulatory challenges facing already-permitted US LNG export projects (as it has recently been the case for Rio Grande LNG in South Texas).

Putting fully permitted projects at risk when their final investment decision has been taken and their construction has already started is particularly worrying, as it endangers the supply volumes on which Europe relies for the future. This uncertainty could undermine the perception of the US as a reliable alternative energy partner for Europe.