Sanctions Will Boost Europe’s Dependency on U.S. Gas, CEO Says
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Europe’s reliance on U.S. liquefied natural gas will increase even further if sanctions hit Russian gas exports, according to the head of pipeline operator Williams Cos.
“I’m sure you saw the news this morning,” Chief Executive Officer Alan Armstrong said Tuesday on a conference with investors, referring to Germany’s decision to halt certification of the Nord Stream 2 natural gas pipeline linking the country with Russia.