EU-U.S. Joint Statement of 25 July: EU imports of U.S. liquefied natural gas are on the rise.
Since arrival of the first U.S. LNG carrier in April 2016 and today, EU imports of LNG from the U.S. have increased from 0 to 2.8 billion cubic meters.
europa.eu/!QP48YV #EUtrade
President @JunckerEU and President @realDonaldTrump agreed to strengthen EU-U.S. strategic cooperation with respect to energy.
In this context, the EU would import more LNG from the U.S. to diversify and render its energy supply more secure.
The EU and the U.S. will therefore work to facilitate trade in liquefied natural gas.
The EU is ready to facilitate more imports of liquefied natural gas from the U.S. and this is already the case.
Growing exports of U.S. LNG, if priced competitively, could play an increasing and strategic role in EU gas supply; but the U.S. needs to play its role in doing away with red tape restrictions on LNG exports.
Both sides have much to gain by working together in the energy field.
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