EU’s eyes finance foreign LNG projects to reduce prices, reveals the Planito plan project

“Japan will soon begin to import new historic expeditions of its own American liquefied natural gas in record numbers,” said the American president.

Trump also puts pressure on the EU to buy more American LNG, threatening to impose serious prices if the block does not respond to this and other requests. Brussels sent envoys to Washington to negotiate and would like to conclude a LNG agreement. The president of the Ursula von der Leyen commission presented it as a way to finally leave Russian LNG.

However, any decision to follow the example of Japan would probably be confronted with the opposition of climatic activists and green groups, which have long argued that public funds should not be spent to increase the extraction and exports of fossil fuels .

After the visit of Ishiba, Susanne Wong, head of the program in Asia for the environment of international oil change NGOs, warned that “the financing of the United States presents serious risks for Japanese investors and endangers a danger Avenir livable for our communities “.

However, Europe already depends on the American LNG. After Russia has cut a large part of its gas supplies to the continent, the countries of the EU turned to the sea expeditions of the American.

However, the countries have kept their open options, analysts repeatedly noting that importers did not sign long -term commitments. But the approach exposed Europe at volatile prices.

Brussels now plans to explore a different method. The EU “will immediately engage with reliable LNG suppliers to identify competitive additional imports from existing and future LNG export projects,” said the proposal. And he wants to help European buyers “secure LNG volumes under long -term contracts” in order to make energy more affordable.

The block wants to move quickly on its LNG, promising to act on them by July.