Trump eyes Russian gas deal as U.S.-Russia talks resume
Russia is in discussions with the United States about resuming the supply of Russian gas to Europe, reports Reuters. Previously, there had been suggestions from the American side that the US might engage in gas cooperation with Russia.
According to eight sources familiar with the discussions, officials from Washington and Moscow have been discussing American assistance in restarting the sale of Russian gas to Europe, as informed by the Reuters agency.
For Trump, Russian gas may still be attractive. As reported by money.pl, there were suggestions from the American side that the US could engage in gas cooperation with Russia.
In February 2025, "The Wall Street Journal" reported that an American financier from Miami, Stephen P. Lynch, is attempting to acquire shares in the Nord Stream 2 pipeline. There were opinions that American control over this project could be a significant asset in peace negotiations with Russia. The fact that talks are ongoing between the US and Russia about restoring supplies via Nord Stream was later confirmed by Sergey Lavrov.
Trump wants to strike a deal, and Russia finds it advantageous
From a purely business perspective, such cooperation could benefit both sides. Americans would take cheaper gas from the Yamal Peninsula and Western Siberia from the Russians and sell it in the EU under their label. Shares in Nord Stream would reduce gas transportation costs and LNG deliveries. Russia, in turn, would earn as an intermediary. However, Nord Stream is not the only pipeline that interests Trump.
As "The Guardian" reported on Saturday, the US "demands control" over the key pipeline transmitting Russian gas through Ukrainian territory to Western Europe as part of a prepared minerals agreement. The pipeline concerns the Urengoy-Pomary-Uzhhorod line, which used to channel natural gas from Western Siberia through Ukraine to Europe. In December 2022, an explosion damaged it.
According to "The Guardian", the latest American document includes a demand for the U.S. International Development Finance Corporation to take control over it. This confirms that Trump is ready to profit from gas transmission from Russia to Europe.
Russia's troubling issue
After Moscow invaded Ukraine in 2022, Europe decided to limit the import of Russian gas. As a result, the Russian energy giant Gazprom faced a significant problem.
In the following year, the company reported a loss of £5 billion, which forced it to look for new export options. However, nothing affected its economy more than the loss of most of the European gas market three years ago.
Currently, it meets 19% of Europe's demand (previously 40%), mainly in the form of liquefied natural gas (LNG), which is also transmitted through Turkey via the TurkStream pipeline, indicates Reuters.