U.S. official: Increase LNG exports to Europe to counter Russia
Sept. 17 (UPI) -- The United States needs to increase its natural gas exports to Europe to counter Russia's increasing energy dominance in the region, a top Trump administration official warned.
Europe is shifting away from coal and new pipelines from Russia to Europe could put the countries at the mercy of Gazprom, Russia's largest gas producer.
"Due to a lack of supply routes and insufficient pipeline buildout, Europe is also becoming more, not less, dependent on Russian natural gas," Steven Winberg, assistant secretary of fossil energy, said during a Senate hearing Thursday. "That does not have to be the case. Our nation is endowed with vast supplies of natural gas and production is growing rapidly."
But some argue that allowing a mass exodus of natural gas out of the United States would push prices higher, slowing the manufacturing boom that the glut of gas has created.
Read more: https://www.upi.com/Energy-News/2018/09/17/US-official-Increase-LNG-exports-to-Europe-to-counter-Russia/1421537202065/?ts_eng=22
