In 2023 the United States pledged to supply roughly 50 bcm of liquefied natural gas to the European Union, strengthening energy security across the Atlantic as European buyers diversify away from traditional suppliers.
This pledge sits within a broader set of measures aimed at easing the energy crunch caused by recent shocks and cutting pollution. Officials emphasize that Russia has used energy exports as a political tool, with the task force calling for greater resilience and rapid adaptation in European energy markets.
Official figures show that in 2022 the United States shipped about 56 bcm of LNG to Europe, while Russian gas accounted for just 16 percent of EU imports after peaking around 37 percent in March 2022, signaling a significant reshaping of European energy sourcing and supplier balance.
Beyond maintaining supply commitments, both the United States and the European Union agreed to pursue methane emission reductions within bilateral trade and to advance shared methods for monitoring and verifying these reductions, enhancing transparency and environmental performance in energy exchanges.
This week marks one year since the energy security task force established by the EU and the United States to curb Europe’s reliance on Russian gas following the invasion of Ukraine, and its ongoing work continues to solidify cross‑border cooperation in energy policy and market resilience.
Over the course of this year, the European Union has reduced natural gas demand by about 19 percent through measures such as lowering electricity consumption and boosting energy efficiency in homes and public buildings, among other initiatives designed to ease price volatility and emissions while maintaining reliable supply.