Overview
- The European Commission is weighing a U.S.-focused round of its AggregateEU program, potentially launching in September to bundle corporate LNG orders under the three-year, $750 billion energy framework.
- Under the pact, the EU must purchase about $250 billion of U.S. energy annually—a target analysts call unachievable since 2024 imports were only $76 billion and current regasification capacity covers just $60–70 billion of LNG.
- U.S. LNG export capacity is set to rise by nearly 50% as new terminals come online, but those projects will not be operational quickly enough to meet Europe’s short-term demand surge.
- Flexible pricing allows U.S. LNG exporters to prioritize higher-paying Asian markets, heightening competition and the risk of upward pressure on global energy prices.
- Climate advocates warn the agreement risks entrenching Europe in prolonged fossil fuel dependence and undermining its binding 2030 and 2050 decarbonization commitments.