Texas LNG to Save the Day as Europe Struggles With Its Gas Supply

Texas LNG to Save the Day as Europe Struggles With Its Gas Supply
Samsung Heavy Industries LNG Carrier (Photo: Business Wire)
Natural gas has provided certainty and energy accessibility to European consumers for decades, and today it is paving the way for new low-carbon technologies. While natural gas represents 20 percent of the EU’s energy mix, 70 percent of it is imported. Gas is responsible for significant infrastructure and trade in Europe, including several LNG import terminals strategically located in multiple entry points, as well as the controversial Nord Stream pipeline shared with Russia. 
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