Part II - US and EU foreign policy along with the EU’s failing domestic energy policies jeopardize the interests of Europea

Part II - US 🇺🇸and EU foreign policy along with the EU’s 🇪🇺 failing domestic energy policies jeopardize the interests of Europeans energy security in natural gas markets. A full energy crisis last year was avoided after LNG imports to Europe ballooned from 80 bcm in 2021 to 130 bcm in 2022, more or less replacing all the missing Russian gas. EU imports of Russian LNG were up 40% between January and July 2023. The EU is set to import record volumes of LNG from Russia 🇷🇺 this year, despite claims of cutting reliance on Russian energy. The EU 🇪🇺 have worked so hard to wean themselves off piped Russian gas only to replace it with more expensive shipped equivalent from the US, Russia and others. EU officials have pointed to an overall effort to phase out Russian fossil fuels by 2027. EU energy ministers plan to ban Russian and Belarusian 🇧🇾 co.’ s booking capacity on EU LNG infrastructure in an effort to find a legal way to prevent imports. European gas markets is exposed to volatility now from: US & EU’s failed sanctions against Russian energy suppliers Sabotage of Russia-Germany 🇩🇪 Nordstream pipelines redirecting Russian gas to Asia Egypt’s 🇪🇬 reduced LNG exports due to the shutdown of Israel’s 🇮🇱 Tamar gas field Worker strikes at West Australia’s LNG hub India 🇮🇳 and Pakistan 🇵🇰 back on the spot market driving demand Any increase in Chinese 🇨🇳 LNG demand Any black swan event amid the US & EU’s lack of diplomacy towards Iran 🇮🇷 Any US LNG disruption. (last month 52% of all US LNG cargo’s were destined for Europe, same for August as well) Video source - Thinkers from India - Global Link to Part I - Источник: The Paradigm Shift Channel ⏳