Nov. 14 at 4:50 PM
Kpler: Over the first ten months of the year, Europe imported 101.38M tons of Nat Gas. This was 16.75M tons more than what Europe imported a year earlier—even as the EU leadership boasted about permanently reducing the bloc’s consumption of Nat Gas, not just from Russia but in general
US supplied 57% of Europe’s LNG imports in 1H25 (w/ Germany & Greece sourcing 94% & 84% from US)
Qatar, the world’s number-two in LNG exports, threatens to stop selling gas to EU if it tries to force QatarEnergy to track & reduce its emissions, and monitor human rights protection, or risk getting fined 5% of its annual global revs - EU's Corporate Sustainability Due Diligence Directive (CSDDD)
EU has made commitments in joint statements with the US to ensure the CSDDD "does not pose undue restrictions" on transatlantic trade - US lawmakers have intro'd bills, such as the "PROTECT USA Act," which aims to prohibit US entities from complying w/ foreign regulations like the CSDDD
$UNG $LNG $XOM $CTRA $XLE