Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >US share of Europe's LNG imports increased to 60% in January
    Finance

    US Share of Europe's Lng Imports Increased to 60% in January

    Published by Global Banking & Finance Review®

    Posted on January 30, 2026

    2 min read

    Last updated: January 30, 2026

    Add as preferred source on Google
    US share of Europe's LNG imports increased to 60% in January - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:European economies

    Quick Summary

    In January, US LNG imports accounted for 60% of Europe's supply, marking a shift from Russian energy and raising dependency concerns.

    US share of Europe's LNG imports increased to 60% in January

    US LNG Supply and European Energy Security

    By Kate Abnett

    Increase in US LNG Share

    BRUSSELS, Jan 30 (Reuters) - The United States supplied 60% of the European Union's liquefied natural gas this month, data showed on Friday, confirming its role as Europe's dominant LNG supplier as some European officials become wary of growing reliance on U.S. energy. 

    Impact of Cold Weather on Demand

    The 60% share was an increase from both last month and January 2025, when the U.S. supplied 53% of EU imports, data shared with Reuters by analytics firm Kpler showed.

    EU's Shift from Russian Energy

    The 5.36 million metric tons of LNG the EU imported from the U.S. in January is the second-highest volume for any month to date, exceeded only by October 2025, Kpler said.

    Higher gas demand driven by cold weather this month partly caused the uptick. But Kpler said it expects the trend for increasing U.S. supply to continue, to around 65% of Europe's total LNG this year, from around 56% in 2025.

    Europe has increased purchases of U.S. gas to reduce its reliance on Russian energy since Moscow's 2022 invasion of Ukraine, and last year agreed to spend $750 billion on U.S. energy in a trade deal with President Donald Trump. 

    But Trump’s push to take over Greenland and recent tariff threats have sharpened concerns among some governments of the risk of becoming reliant on the U.S. for fuel.

    EU energy commissioner Dan Jorgensen said this week the crisis over Trump's threats against Greenland had been a "wake-up call" on energy security, and warned the EU risked "replacing one dependency with another" as it shifted away from Russian energy.

    Around 19% of the EU's LNG supplies came from Russia in January, Kpler said. The bloc has agreed to ban all Russian LNG and pipeline gas imports by late 2027. The first stages of the gradual ban will take effect in the coming months, prohibiting short-term Russian LNG contracts.

    (Reporting by Kate Abnett; Editing by Kirsten Donovan)

    Table of Contents

    • US LNG Supply and European Energy Security
    • Increase in US LNG Share
    • Impact of Cold Weather on Demand
    • EU's Shift from Russian Energy

    Key Takeaways

    • •US supplied 60% of Europe's LNG in January.
    • •Increase from 53% in January 2025.
    • •EU shifts from Russian to US energy.
    • •Concerns over US energy dependency rise.
    • •EU plans to ban Russian LNG by 2027.

    Frequently Asked Questions about US share of Europe's LNG imports increased to 60% in January

    1What is LNG?

    LNG stands for liquefied natural gas, which is natural gas that has been cooled to a liquid state for ease of storage and transport.

    2What is the European Union's energy strategy?

    The European Union's energy strategy focuses on reducing dependence on Russian energy sources and increasing the use of liquefied natural gas (LNG) from other suppliers.

    3What is the significance of US LNG supply to Europe?

    The US LNG supply is significant for Europe as it helps diversify energy sources, enhancing energy security and reducing reliance on Russian gas.

    4What are the effects of cold weather on LNG demand?

    Cold weather increases the demand for LNG as heating needs rise, leading to higher imports from suppliers like the US.

    5What is the EU's plan regarding Russian energy imports?

    The EU plans to ban all Russian LNG and pipeline gas imports by late 2027 to enhance energy security.

    More from Finance

    Explore more articles in the Finance category

    Image for Rising debt costs wipe out French fuel tax windfall, minister says
    Rising Debt Costs Wipe Out French Fuel Tax Windfall, Minister Says
    Image for French-owned CMA CGM container ship passes Strait of Hormuz, data shows
    French-Owned Cma Cgm Container Ship Passes Strait of Hormuz, Data Shows
    Image for Consumer megadeals make a rare comeback in the first quarter
    Consumer Megadeals Make a Rare Comeback in the First Quarter
    Image for Drone hits aid warehouse in Iran, Red Cross says
    Drone Hits Aid Warehouse in Iran, Red Cross Says
    Image for Moscow shoppers and travellers hit by payment system problem
    Moscow Shoppers and Travellers Hit by Payment System Problem
    Image for Italy's Meloni picks new tourism minister in shake-up after referendum
    Italy's Meloni Picks New Tourism Minister in Shake-Up After Referendum
    Image for UK deploying Rapid Sentry air defence system to Kuwait, PM's office says
    UK Deploying Rapid Sentry Air Defence System to Kuwait, PM's Office Says
    Image for World food price rise set to continue if Iran war lasts, FAO says
    World Food Price Rise Set to Continue if Iran War Lasts, Fao Says
    Image for Greek PM to reshuffle cabinet amid farm fraud scandal over EU aid
    Greek PM to Reshuffle Cabinet Amid Farm Fraud Scandal Over EU Aid
    Image for Yale report links Russian oil sector to child deportation from Ukraine
    Yale Report Links Russian Oil Sector to Child Deportation From Ukraine
    Image for Italy expects EU to consider easing deficit rules if Middle East crisis lasts
    Italy Expects EU to Consider Easing Deficit Rules if Middle East Crisis Lasts
    Image for Hyundai Motor flags export disruptions as Middle East conflict hits shipping
    Hyundai Motor Flags Export Disruptions as Middle East Conflict Hits Shipping
    View All Finance Posts
    Previous Finance PostTesla Climbs as SpaceX Merger Talks Fuel Musk Empire Consolidation Hopes
    Next Finance PostSiemens Energy, Thyssenkrupp CEOs to Join German Minister on Saudi Arabia Trip, Sources Say