Trump to promote U.S. natgas exports in Russia's backyard
Source: Reuters
COMMODITIES | Mon Jul 3, 2017 | 3:04pm EDT
Trump to promote U.S. natgas exports in Russia's backyard/b]
By Roberta Rampton and Timothy Gardner | WASHINGTON
President Donald Trump will use fast-growing supplies of U.S. natural gas as a political tool when he meets in Warsaw on Thursday with leaders of a dozen countries that are captive to Russia for their energy needs.
In recent years, Moscow has cut off gas shipments during pricing disputes with neighboring countries in winter months. Exports from the United States would help reduce their dependence on Russia.
Trump will tell the group that Washington wants to help allies by making it as easy as possible for U.S. companies to ship more liquefied natural gas (LNG) to central and eastern Europe, the White House said.
Trump will attend the "Three Seas" summit - so named because several of its members surround the Adriatic, Baltic and Black Seas - before the Group of 20 leading economies meet in Germany, where he is slated to meet Russian President Vladimir Putin for the first time.
Among the aims of the Three Seas project is to expand regional energy infrastructure, including LNG import terminals and gas pipelines. Members of the initiative include Poland, Austria, Hungary and Russia's neighbors Latvia and Estonia.
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Read more: http://www.reuters.com/article/us-usa-trump-lng-idUSKBN19O2AH
