financetom
Business
financetom
/
Business
/
US LNG supplies to Europe will continue to rise, says US Energy Secretary
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US LNG supplies to Europe will continue to rise, says US Energy Secretary
May 25, 2025 8:02 PM

WARSAW, April 28 (Reuters) - U.S. liquefied natural gas

supplies to Europe will continue to rise, U.S. Energy Secretary

Chris Wright told Reuters on Monday during a visit to the Polish

capital Warsaw.

The United States is the world's largest exporter of LNG and

has played a major role in supplying Europe since Russia's

full-scale invasion of Ukraine in 2022 significantly reduced the

amount of Russian gas piped to Europe.

However, now that U.S. President Donald Trump has rocked

relations with Europe and turned to energy as a bargaining chip

in trade negotiations, businesses are wary that reliance on the

U.S. has become another vulnerability.

"The U.S. supply will continue to grow in a meaningful way.

There's a lot of dialogue about contracts," Wright told Reuters

on the sidelines of a conference. "I think we will absolutely

see more off-take agreements for LNG from the U.S. in Europe."

Amid the turmoil caused by Trump's tariff policies, some

executives in Europe have begun to say that importing some

Russian gas, including from Russian state giant Gazprom

, could be a good idea.

Wright declined to comment on the possibility of Russian

energy returning to Europe in greater volume.

"I think the energy situation in Europe is probably largely

going to be determined by Europeans," he said.

Poland has so far turned to seaborne LNG delivered to its

Swinoujscie LNG terminal to replace gas from Russia. It has also

started to receive pipeline gas from Norway via Denmark and the

Baltic Sea.

Poland has started delivering LNG sourced from the U.S. to

Ukraine.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MP Materials partners with Department of Defense to boost U.S. rare earth supply chain
MP Materials partners with Department of Defense to boost U.S. rare earth supply chain
Jul 10, 2025
July 10 (Reuters) - MP Materials ( MP ) said on Thursday it has entered into public-private partnership with the U.S. Department of Defense to build-out domestic rare earth magnet supply chain and reduce foreign dependency, sending its shares up 24.6% in premarket trading. ...
Factbox-Who is WPP's new CEO Cindy Rose?
Factbox-Who is WPP's new CEO Cindy Rose?
Jul 10, 2025
(Reuters) -Britain's WPP named board member Cindy Rose as the advertising group's new chief executive on Thursday, tasking the senior Microsoft executive with leading its recovery after she succeeds Mark Read on September 1. Rose, 59, who has both British and American citizenship, is a graduate of Columbia University and New York Law School and has been a non-executive director...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Grok AI to be available in Tesla vehicles next week, Musk says
Grok AI to be available in Tesla vehicles next week, Musk says
Jul 10, 2025
July 10 (Reuters) - Grok AI will be available in Tesla vehicles next week at the latest, the EV maker's CEO Elon Musk said in a post on X on Thursday. (Reporting by Deborah Sophia in Bengaluru; Editing by Mrigank Dhaniwala) ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved