EU considers replacing Russian LNG with US LNG

The briefing argues that the EU does not need new US LNG terminal approvals to replace Russian gas imports. US LNG capacity currently under construction (73 bcm) is over four times the volume of Russian LNG the EU imported in 2024 (17.1 bcm). Furthermore, two US projects that began operating in December 2024 alone provide 58% more capacity than those 2024 Russian imports. The document highlights a projected decline in EU gas demand—forecast to drop 29% by 2030 and 67% by 2040 relative to 2024 levels—warning that new long-term contracts beyond 2035 would create a gas supply glut.

• Existing and under-construction US LNG capacity is more than sufficient to replace Russian imports to the EU, meaning no further terminal approvals are necessary for this purpose.
• Two specific US LNG projects—Plaquemines LNG and an expansion of the Corpus Christi LNG terminal—started operating in December 2024 with a combined capacity of 27.1 bcm, which is 58% more than the EU's 2024 Russian LNG imports.
• EU gas demand is projected to decrease significantly, with a forecast decline of 29% by 2030 and 67% by 2040 compared to 2024 levels.
• The EU is expected to face a gas supply glut by 2035, as supply from existing contracts and producing projects in the EU, Norway, and Algeria is set to exceed demand.

APA

Team, Z. (2025). EU considers replacing Russian LNG with US LNG. Zero Carbon Analytics. https://zerocarbon-analytics.org/insights/briefings/new-us-lng-not-needed-by-eu-to-replace-russian-gas/

Chicago

Team, ZCA. EU considers replacing Russian LNG with US LNG. Zero Carbon Analytics, 2025. https://zerocarbon-analytics.org/insights/briefings/new-us-lng-not-needed-by-eu-to-replace-russian-gas/.

Wikipedia

{{cite report |last1=Team |first1=ZCA |title=EU considers replacing Russian LNG with US LNG |publisher=Zero Carbon Analytics |date=17 January 2025 |url=https://zerocarbon-analytics.org/insights/briefings/new-us-lng-not-needed-by-eu-to-replace-russian-gas/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{team2025considers, author = {Team, ZCA}, title = {{EU considers replacing Russian LNG with US LNG}}, institution = {Zero Carbon Analytics}, year = {2025}, month = jan, url = {https://zerocarbon-analytics.org/insights/briefings/new-us-lng-not-needed-by-eu-to-replace-russian-gas/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }