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Will the EU finalize an agreement to import U.S. LNG by end of 2024?
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Donald Trump•European Commission•Ursula von der Leyen•Russian•United States•Trump•von der Leyen•Ukraine•American•US•Europe•European•EU
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement by the European Commission or major news outlets
Story
EU's Von der Leyen Proposes Buying U.S. LNG to Replace Russian Gas after Trump's Election Win
Nov 8, 2024, 05:54 PM
Following President-elect Donald Trump's victory, European Commission President Ursula von der Leyen proposed replacing Russian liquefied natural gas (LNG) imports with LNG from the United States. In an "excellent" phone call with Trump, von der Leyen discussed defense, Ukraine, trade, and energy issues. She suggested that importing American LNG, as the U.S. is the world's top LNG exporter with production expected to double by 2030, could strengthen EU-US ties, reduce Europe's reliance on Russian energy—still significant despite nearly three years into the Ukraine invasion—and potentially deter Trump from imposing new tariffs on European goods. This move could also lower energy costs within the EU.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increased LNG imports, no tariffs • 25%
Increased LNG imports, tariffs imposed • 25%
No change in LNG imports, no tariffs • 25%
No change in LNG imports, tariffs imposed • 25%
