EU Energy Commissioner Jorgensen says we are not close to the 2022 energy crisis and are in continuous dialogue with the US on LNG

  • Expects US LNG supply to increase in the future.
  • Doesn't want to buy Russian energy.
Context

The comments from EU Energy Commissioner Jorgensen suggest a stabilizing energy outlook compared to the 2022 crisis, indicating confidence in future US LNG supplies to bridge gaps, particularly with a clear intent to avoid Russian energy. This dialogue can positively affect sentiment in energy markets and could temper volatility in related assets like LNG pricing and European energy stocks.

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