"The stability of the EU’s energy supply may be threatened if a high proportion of imports are concentrated among relatively few external partners. In 2019, almost two thirds of the extra-EU's crude oil imports came from Russia (27 %), Iraq (9 %), Nigeria and Saudi Arabia (both 8 %) and Kazakhstan and Norway (both 7 %). A similar analysis shows that almost three quarters of the EU's imports of natural gas came from Russia (41 %), Norway (16 %), Algeria (8 %) and Qatar (5 %), while over three quarters of solid fuel (mostly coal) imports originated from Russia (47 %), the United States (18 %) and Australia (14 %)."
Now that the project is suspended, the EU is importing very expensive Gas from the US.
So basically: the USA gets money for gas, and Russia gets the eastern Ukraine. They both get what they want.
Enjoy the show.