US rethinks gas exports, spooking Europe

"The European Union has slashed its intake of Russian gas to less than a third of the 155 billion cubic meters it imported in 2021..."
January 20, 2024
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From Politico

Select quotes from the article:

  • President Joe Biden’s supporters in the environmental movement cheered the news that the White House is considering strengthening its scrutiny of how gas exports worsen climate change. But it is causing tensions among the heads of European industry as the Ukraine war drags on.
  • The EU is the world’s largest buyer of LNG. The region has invested billions into building infrastructure to increase its import capacity, adding six new port terminals since the start of 2022 as part of efforts to divest from Russian pipeline gas — often despite objections from environmental groups.
  • Not everyone in Europe is looking to maintain the status quo. Kathrin Henneberger, a member of Germany’s Greens party, wrote to U.S. regulators asking them to reject a massive LNG plant that Venture Global has proposed for Louisiana.

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Read the full post at Politico.

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