US, UK Sign LNG Deal in Race to Secure Supplies for Next Year
- America will ‘strive’ to send at least 9-10 bcm in 2023
- UK has already met that US LNG import goal this year
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Britain and the US agreed to work together to ensure liquefied natural gas keeps flowing next year in an effort to underpin energy supplies threatened by Russia’s war in Ukraine.
London and Washington agreed to set up a joint action group that will work “with international partners and industry” to ensure at least 9-10 billion cubic meters of American LNG is delivered to the UK over the next year. While that’s double the amount exported in 2021, it matches the record volume US producers delivered to the UK this year.