Why The U.S. Will Not Ban LNG Exports ...Middle East

Economy by : (OILPRICE) -
Despite the rise in U.S. energy bills, the White House will not limit in any way, let alone ban, exports of natural gas this winter, as it aims to help Europe with the energy crisis, two sources involved in the discussions told Reuters on Tuesday. The U.S. has been sending increased volumes of liquefied natural gas (LNG) to Europe since the Russian invasion of Ukraine and the subsequent halt of Russian pipeline gas supply to most of its customers in Europe. In fact, American LNG has been crucial in meeting demand in Europe, which is scrambling…

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