-
American LNG is the Best Option to Meet Europe's Critical Natural Gas Need
A new study helps quantify Europe’s current energy situation and, importantly, how American liquefied natural gas (LNG) is key to helping allies across the Atlantic – right now and for years to come. The study by Rystad Energy, “Rebalancing Europe’s Gas Supply: Opportunities in a New Era,” has three big takeaways: Without Russian pipeline natural gas supplies, European demand for LNG is projected to increase 150% through 2040. While overall natural gas demand is expected to decline, it will do so more slowly than domestic production and non-Russian pipeline imports can increase. LNG is projected to meet ... (full story)