Europe Wants More U.S. Gas Than Exists ...Middle East

Economy by : (OILPRICE) -
The U.S.-EU trade deal calls for the European Union buying $250 billion worth of American energy every year over the next three years. While additional U.S. energy supply would further help the bloc on its path to ditch Russian energy imports within a couple of years, the volumes needed to meet the goal in the trade deal are so high that they are unrealistic, according to analysts. U.S. LNG developers and exporters are riding the momentum with the end of the Biden-era moratorium on new project approvals and a Trump Administration ready to support…

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