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The European Commission has announced plans to aggregate demand from EU companies to purchase additional U.S. liquefied natural gas (LNG). This initiative is part of the EU's broader strategy to fulfill a commitment to buy $250 billion worth of U.S. energy annually. The Commission's move to pool demand aims to streamline and increase LNG imports from the U.S. amid a context where U.S. trading partners are reportedly committing to buy more gas than they currently need or than the U.S. can produce in the short term.
The European Commission could pool demand from European companies to buy more U.S. liquefied natural gas, as part of its efforts to reach a pledge to buy $250 billion in U.S. energy per year, it said on Thursday. https://t.co/YOYiYKEtzT
EU considers pooling demand from companies to buy more US gas https://t.co/HTL62V1wlQ
U.S. trading partners are committing to buy more gas than they need or than the U.S. can produce, at least in the short term. https://t.co/ZvhcmAdQER
