US, Russia explore ways to restore Russian gas flows to Europe: Reuters
- In early May 2025, U.S. And Russian representatives engaged in initial discussions about the possible resumption of Russia's supply of natural gas to European markets through intermediary mechanisms.
- These talks follow Europe's reduction of Russian gas dependency from 40% before the 2022 invasion to 19% currently amid ongoing conflict and a European Commission plan to end all Russian gas imports by 2027.
- Discussions reportedly include possible U.S. Investor stakes in pipelines such as Nord Stream and Ukrainian transit routes to facilitate gas exports, despite opposition from Brussels and legal challenges.
- Gazprom faced a $13.1 billion loss in 2024 after losing most of its European market, while sources suggest Washington’s involvement could provide strategic oversight and help ease political resistance in Europe.
- A restart of Russian gas supplies could reshape the worldwide LNG market, challenge the competitive position of U.S. Exporters, and impact diplomatic efforts aimed at resolving the conflict in Ukraine.
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US, Russia explore ways to restore Russian gas flows to Europe, sources say
With a frost covering Europe's energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the continent, eight sources familiar with the talks have told Reuters.
·United Kingdom
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