Europe Wary Of Too Much Dependence on U.S. LNG

European buyers aren’t committing to long-term LNG supply agreements with U.S. exporters despite the ongoing EU phase-out of Russian gas imports and the supply crisis in the Middle East.

U.S. developers and proponents of new LNG export facilities in America have been trying to lock in long-term supply deals with European importers, with little success so far this year, U.S. executives have told Bloomberg.

The Europeans are interested in discussions, but not really committing to long-term supply deals, according to the American LNG exporters.…