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EU Official Highlights US LNG Energy Security Commitments

LNG

The Biden Administration pause on approvals of new LNG export projects will not have an impact on US LNG supplies to Europe in the next two or three years according to a European Commission Executive Vice President Maros Sefcovic.

  • "What was of course very important for me, was reassurance that for the next two or three years there should be no impact whatsoever on the supply of U.S. LNG to Europe," Sefcovic told a meeting at the Atlantic Council Tuesday.
  • The US should be able to accommodate big demand from Europe in coming years according to Sefcovic. He added that Biden's approval pause last month contains an emergency clause in case supplies in US allies and partners come into danger.
  • Biden approval pause could last until after the November 5 election.


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