The European Union will seek to double imports of liquefied natural gas (LNG) fr...
BRUSSELS - The European Union will seek to double imports of liquefied natural gas from the United States by 2023, as part of its efforts to ease transatlantic trade tensions and reduce its reliance on Russian gas.
U.S. President Donald Trump agreed with European Commission chief Jean-Claude Juncker last July not to impose tariffs on EU cars as the two sides sought to improve economic ties, including a drive to increase imports of U.S. LNG. The EU has long worked to diversify from relying on Russia for almost 40 percent of its gas needs by developing LNG infrastructure to access other suppliers. Qatar and Australia are other major LNG suppliers.
EU Energy Commissioner Miguel Canete and U.S. Energy Secretary Rick Perry kicked off an EU-U.S. energy conference in Brussels on Thursday, featuring many industry executives.
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