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Europe Makes U-Turn on American Gas With Fracking Fears at Bay

  • Once-snubbed US LNG is now key to Europe’s energy security
  • Security of supply is trumping climate due to war in Ukraine
An LNG vessel at Cheniere Sabine Pass Liquefaction facility in Cameron, Louisiana, U.S.
An LNG vessel at Cheniere Sabine Pass Liquefaction facility in Cameron, Louisiana, U.S.Photographer: Mark Felix/Bloomberg

Less than two years ago, Engie SA scrapped plans to buy US liquefied natural gas, handing a victory to environmentalists that urged the French energy giant to drop the purchase on pollution concerns.

Fast forward to 2022 and that deal has been signed, alongside agreements with Bulgaria to Poland to bring in American fracked gas to European shores.