This paper provides an analysis of the newly established EU Energy Platform – an institutional set-up that aims to play a key role in pooling Europe’s demand for energy, coordinating infrastructure use, negotiating with international partners and preparing for joint gas and hydrogen purchases. The main goal is to shed some light on the proposed instrument and analyse how relevant it is to the ongoing energy crisis. The paper is based on the qualitative research methodology approach that involves semi-structured interviews with American and European experts on energy policy, governance and the oil and gas industry that were conducted in July–August 2022. Their perspectives and key recommendations are incorporated into the analysis.