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API: US LNG critical to Europe

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LNG Industry,

Following a recent statement from the US Vice President, Joe Bidden, outlining Europe’s need for “diverse sources of natural gas,” the Executive Director for Market Development at the American Petroleum Institute (API), Marty Durbin, has emphasised the benefits that increased US LNG exports would provide to the US’s allies in Europe.

Mr Durbin said: “Our nation is leading the world in the production of oil and natural gas, even as we lead the world in the reduction of carbon emissions, which are near 20-year lows […] America’s growth in natural gas production means that through LNG exports we can give our allies stability and security in the global natural gas market. America’s shale revolution is growing our economy, spurring environmental improvements and strengthening our own energy security. US LNG will give our allies an opportunity to achieve those some goals.”

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