European LNG Demands Grow with Need to Avoid Russian Bear Claws

European LNG demands are growing along with imports of Russian gas and if Europeans don’t want to be clawed by the Russian bear they’ll need our gas.

New data compiled by the Energy Information Administration (EIA) indicates just how much demand there will be for our US LNG in the years ahead. European LNG demands are growing for two reasons. One is their refusal to entertain fracking or more nuclear power. The other is the obvious risk in becoming dependent on Russian gas.

The data shows European LNG imports went down from 2010 to 2014 as natural gas demand declined with a weak economy. Now, though, both are headed up again. Moreover, US LNG is now available with new export terminals (e.g., Cove Point) have been constructed and more planned.

Read more:

https://naturalgasnow.org/european-lng-demands-grow-need-avoid-russian-bear-claws/

Views: 0

Comment

You need to be a member of GoMarcellusShale.com to add comments!

Join GoMarcellusShale.com

Local Groups

Blog Posts

US Greenhouse Emissions Lowest Per Capita Since 1950, Thanks to Fracking

Posted by Thomas J Shepstone on November 14, 2018 at 11:44am 1 Comment

You won’t find “fracking” in this story but it’s why the US has been able to shift from coal to natural gas with much lower greenhouse gas emissions.

According to the Environmental Protection Agency (EPA), U.S.…

Continue

© 2018   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service