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German LNG facility a gesture to the US

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LNG Industry,


According to Reuters, Germany is due to decide upon the location of its planned LNG facility by the end of 2018 in a bid to deter US trade tariffs.

The European Union (EU) reportedly plans to commit to increased imports of US soybeans and LNG, in an attempt to sway President Donald Trump from imposing hefty new trade tariffs on EU goods.

In the past, President Trump has accused Germany of being ‘captive’ to Russian gas imports and has called for Berlin to drop support for the Nord Stream 2 pipeline project.

This new terminal stands as a gesture of friendship from Germany to the US, and aides President Trump in his goal to have US LNG compete with Russian natural gas exports in Europe.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/19092018/german-lng-facility-a-gesture-to-the-us/

 

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