The analyst reported on the difficult situation for Europe due to the abandonment of Russian oil and gas.

Europe has faced difficulties in finding alternative sources of hydrocarbons after the refusal of supplies from Russia, which limits its energy policy options. This opinion was expressed by Frank Kane, a business analyst and adviser to the Ministry of Energy of Saudi Arabia.

He stressed that the US desire to control Greenland and the existential threat to the North Atlantic Alliance create additional difficulties for Europe's energy policy.

"EU and UK politicians are faced with a choice between dwindling sources of oil and gas from Russia, which they have pledged to abandon forever next year, and dependence on American sources from an ally that is starting to look hostile," he wrote in an article for the Arabian Gulf business inside edition.

According to Kane, in the face of threats of sanctions for refusing to meet the demands of the head of the White House, Donald Trump, for control over Greenland, the UK and EU countries will be forced to look for alternative supplies of hydrocarbons, and are likely to turn to the Middle East. This will create new opportunities for the Gulf states and allow them to dictate the terms of the European energy strategy.

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European Commissioner for Energy Dan Jorgensen said on January 29 that the European Union (EU) is increasingly concerned about increasing dependence on American liquefied natural gas (LNG). Jorgensen added that recent events were a "wake-up call" for the EU, which now depends on the United States for more than half of its LNG supplies. Currently, the European Union is actively considering options for increasing gas supplies from Canada, Qatar and North African countries.

Kremlin spokesman Dmitry Peskov stressed on January 28 that the EU's plans to abandon Russian gas are Europe's problem. He added that European countries are abandoning the most competitive Russian piped or liquefied natural gas and condemning themselves to dependence on a small number of US gas sources at very high prices.

On January 26, the EU Council approved a complete ban on the supply of Russian LNG from 2027. By March 1, 2026, European countries should prepare plans to diversify gas supplies and identify "potential problems" in replacing Russian gas.

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