Comments by "Valen Ron" (@valenrn8657) on "Europe's Plan to Cut off Hungary's Money - TLDR News" video.

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  11.  @toxicelamain2494  Poland has support from the United Kingdom and the United States (hint: large-scale US natural gas imports into the EU is via Polish LNG terminals). When hydrocarbon issues are involved, the US has a higher active interest e.g. U.S. military brought the 26th Marine Expeditionary Unit to Limassol, Cyprus, on the USS Iwo Jima LHD flattop as Exxon Mobil commenced exploratory drilling in the region. USS Iwo Jima has F-35B on board. US self-interest trumps Turkey's. United Kingdom, Poland, and Ukraine have signed a security pact independent of NATO. ----- The United States remained Europe’s top supplier of liquefied natural gas (LNG) in the first 3 months of 2021 as it continued to gain market share at the expense of Russia and Qatar, Europe’s second- and third-largest sources of LNG, according to the EU Commission’s latest European Gas Market Report. The US supplied 24% (4.2 Bcm) of the EU’s overall LNG imports (17 Bcm in Q1 2021); Russia placed second at 21% (3.7 Bcm); and Qatar was third at 18% (3.1 Bcm), the EU Commission reported in early July. When compared to Q4 2020, the US picked up 2% market share from January to March this year, while Russia bested Qatar to become Europe’s second-largest LNG supplier. Nigeria placed fourth, followed by Algeria and Trinidad and Tobago. A review of EU Commission reports dating back to 2019 reveals a steady quarter-to-quarter decline in Europe’s LNG purchases while it also documents the growing rivalry between the US and Russia, Qatar’s fall from dominance, and the emergence of the US as Europe’s top LNG supplier starting Q4 2019. The EU is the world’s third-largest LNG market, though its imports amounted to only about half that of Japan (36 Bcm) and China (32 Bcm) in Q1 2021. European gas consumption rose 7.6% to 132 Bcm in Q1 based on a year-on-year comparison. The commission noted that demand for gas as fuel to generate electricity rose 3.4%, also year-on-year (increasing by 4.9 TWh.) ------ Spain is not dependent on Russian gas since the majority of its gas supplies are from Algeria and Morocco via the Maghreb-Europe gas pipeline (MGE) The UK is not dependent on Russian natural gas, making up less than 4% of our supply. Ministers are also exploring options to reduce this further. The Prime Minister confirmed that the government will set out an energy strategy to set out the UK’s long-term plans for greater energy security, including both renewable and domestic oil and gas supplies.
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