The USA could become the largest supplier of gas to Europe, surpassing Norway.
Europe’s dependence on liquefied natural gas imports from the USA is forecasted to reach a historic high. By 2026, it is expected that the volume of American gas purchases could amount to up to two-thirds of European needs.
According to the Institute for Energy Economics and Financial Analysis (IEEFA), the USA has the potential to surpass Norway and become the largest exporter of natural gas to Europe. Currently, Norway holds the leading position, providing 30% of the EU’s gas imports in the first quarter of 2026, while the US share stands at 29%.
This shift in energy flows has occurred due to the reduction of Russian pipeline gas supplies, forcing the EU to seek new sources. American LNG has become a key replacement, but it creates a new dependency, experts explain. Ana-Maria Jaller-Makarewicz from IEEFA notes that such high dependence makes the European market more vulnerable to price fluctuations and geopolitical crises, including conflicts in the Middle East and risks to the Strait of Hormuz.
Meanwhile, the EU continues to implement its plan to completely abandon the import of Russian oil and gas by 2028. In this situation, the USA is ready to quickly fill the energy resource deficit. Amid disruptions with supplies from other sources, such as Qatar, the increase in American supply could lead to shifts in power balances in the energy market.
| Country | Share in EU Gas Imports (Q1 2026) |
|---|---|
| Norway | 30% |
| USA | 29% |




