Former Austrian Foreign Minister says EU expects worst if US bans LNG exports

No time to read?
Get a summary

Importers in the European Union (EU) will face great difficulties if the US bans liquefied natural gas (LNG) exports. such an opinion expression Former Austrian Foreign Minister Karin Kneissl on her Twitter page.

“The shale boom was based in part on low interest rates. A loan created for a continuous flow of money. If the US bans LNG exports to keep prices low, all these fledgling EU importers will have to make some very tough decisions. “In the absence of common sense, the worst for Brussels is yet to come.”

White House press office the day before knowledgeable On a new agreement by the US-EU energy security working group to provide high-level US LNG supplies to Europe.

This week the Spanish newspaper El Confidential WroteLNG from Russia is gaining popularity in Europe as it is not subject to EU restrictions.

Angelina Laros, vice president of energy analysis at the U.S. Department of Energy’s Energy Information Administration (EIA), said last week. judicial The United States is the largest LNG exporter.

No time to read?
Get a summary
Previous Article

Two guerrillas killed in clash between ELN and Colombian Army

Next Article

How much money does a Mexican soccer referee make?