The EU's commitment to purchase energy from the US is not realistic without a significant increase in prices.

Florence Schmidt, from Rabobank, said that the European Union's commitment to purchase $750 billion worth of American energy products within three years is not realistic if energy prices do not increase significantly. Last year, the EU imported around 65 billion euros worth of energy products from the United States, including liquefied natural gas and oil. Schmidt cited data from Eurostat to explain that in order to achieve the goal of 250 billion dollars annually, the EU would need to import around 67% of its energy needs from the US. The energy strategist stated that the most reasonable outcome of this trade agreement's energy provisions would be for Europe to increase its participation in American liquefied natural gas projects. European companies may invest in US gas terminals to ensure future supply and reduce dependence on Russian gas. However, this will not substantially change the market balance in the next five years.