News

US natural gas exports to Europe surge nearly 300%

By Daniel M

May 02, 2019

The European Union announced Thursday that its imports of U.S. liquefied natural gas have climbed 272% since 2016, with the steepest increases occurring after President Trump met last July with European Commission President Jean-Claude Juncker to hash out a trade deal.

The EU announced the big statistic in kicking off a high-level meeting between U.S. and European business leaders in Brussels on ways to further enhance the LNG trade, featuring Energy Secretary Rick Perry and EU Commissioner for Climate Action and Energy Miguel Arias Cañete.

The EU said it recorded its highest level of EU-U.S. natural gas trade in March with more than 1.4 billion cubic meters of LNG imports.