finance
EU Share of U.S. LNG Exports Falls to Two-Year Low in June
Europe purchased less than half of all U.S. liquefied natural gas exports last month, the lowest share in two years. Asian buyers paid nearly $4 more per mmBtu than European importers. The decline affects a three-year, $750 billion energy purchase commitment made under a July 2025 trade framework.
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Europe took less than half of total U.S. liquefied natural gas exports in June, the lowest share recorded in two years. com. The European Union had been the largest regional purchaser of U.S. LNG for the prior two years. Sanctions on Russian energy, including a planned ban on Russian LNG purchases starting in 2027, had driven the earlier shift toward American supplies.
July, President Donald Trump and European Commission President Ursula von der Leyen signed a trade deal framework that included a commitment for the EU to purchase $750 billion in U.S. energy over three years. European storage levels heading into winter stand at their lowest point in 15 years. The bloc has also avoided signing new long-term U.S. supply contracts due to concerns over dependence.
“Europe shunned American liquefied gas because it was too expensive.”
