EU Eyes Group LNG Buys To Meet US Commitments

The European Commission is considering pooling demand from European companies to collectively purchase more U.S. liquefied natural gas—part of an effort to meet its $750 billion energy trade deal with Washington. The initiative, announced Thursday, would be modeled after the EU’s 2022 AggregateEU program, which coordinated gas purchases following Russia’s invasion of Ukraine. A Commission spokesperson said a U.S.-focused version of the program could launch as early as September if enough interest emerges. “We are ready to…