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More U.S. LNG exports to Europe will help market, Uniper CEO says
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More U.S. LNG exports to Europe will help market, Uniper CEO says
Jan 22, 2025 2:18 AM

BERLIN, Jan 22 (Reuters) - More United States' exports

of liquefied natural gas (LNG) to Europe along the strategies

outlined by President Donald Trump will relieve tight global

markets, reduce prices, and help traders diversify their

sourcing, the head of German utility Uniper told

Reuters.

"When Trump sends more gas to Europe it will reduce the

world gas price," chief executive Michael Lewis said in an

interview during the Handelsblatt Energy Summit.

"It means lower energy prices for German industry and

customers, that's why it's positive."

Trump took office on Monday and issued an order for the U.S.

to resume processing export permit applications for new LNG

projects which were halted by his predecessor Joe Biden.

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