(…) “The United States is the most beneficiary economically regarding sanctions against Moscow than its European partners for its reduced dependency on Russian energy provision.
The significant dependence on these resources alone puts the European economy at a disadvantage in the geopolitical dispute between the United States and Russia. In 2022, the European Union (EU) received 56 million cubic meters of liquefied natural gas (LNG) from the United States, a volume 2.5 times more significant compared to 2021. In March 2022, imports of Russian gas by the EU accounted for 37%, decreasing to 16% by the end of the year. In 2023, the EU is the largest consumer market for US LNG, with 52% of imports. (…)
🔻 The author: Charles Pennaforte, PhD in International Relations at Universidade Nacional de La Plata, Argentina (2013).
🔳 The Policy Brief is produced in partnership with the International Institute of Geopolitics and Strategic Intelligence (IIGSI/USA), the Centre for Geopolitics and Foreign Affairs Studies (CENEGRI) and the Laboratory of Geopolitics, International Relations and Antisystemics Movements (LabGRIMA/Federal University of Pelotas, Brazil).
