U.S. Set to Supply Nearly Two-Thirds of Europe’s LNG Imports in 2026, IEEFA Says

Europe is expected to source almost two-thirds of its liquefied natural gas imports from the U.S. in 2026, according to a report released May 13, 2026, by the Institute for Energy Economics and Financial Analysis. The forecast underscores Europe’s continued dependence on U.S. LNG after the region moved to replace Russian pipeline gas following Moscow’s invasion of Ukraine. The shift has increased the role of Atlantic LNG flows in European energy security and pricing. The report points to the U.S. retaining a dominant position in Europe’s LNG supply mix in 2026, with implications for gas markets, shipping demand and exposure to U.S. export capacity and pricing dynamics.