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Europe Shows It's Getting Serious About Buying U.S. LNG

EC trade mission heads for Washington Aug. 20 to discuss LNG
Europe accounts for about 10 percent of total U.S. LNG exports

Video player cover image — BNEF Brief: China Flags 25 Percent Tariff on U.S. LNG

By

Anna Shiryaevskaya and

Naureen S Malik

August 9, 2018, 12:23 PM UTCUpdated onAugust 9, 2018, 1:58 PM UTC

European nations are far behind Mexico and China when it comes to receiving liquefied natural gas from the U.S., but the region is making its biggest effort to date to change that.

European Commission trade officials will travel to Washington on Aug. 20 to follow up on an energy agreement last month between the Commission’s President Jean-Claude Juncker and U.S. President Donald Trump. Europe pledged to import more LNG in a bid to diversify imports, while America is seeking new markets for its expanding production of the fuel. Russia is currently Europe’s biggest supplier.