More than three years post-Russia’s invasion of Ukraine, Europe’s energy security remains precarious, with U.S. liquefied natural gas (LNG) temporarily filling the Russian supply void during the 2022-2023 crisis. As businesses express concerns over over-reliance on U.S. gas, some EU executives are reconsidering imports from Russian state giant Gazprom, despite the EU’s pledge to end Russian energy imports by 2027. Amid stalled talks with Qatar and an insufficient pace of renewable energy deployment, Germany’s chemical industry is urging a return to Russian gas to stabilize energy costs.
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