The U.S. will boost its liquified natural gas shipments (LNG) to Europe and source other gas from partner nations to total a 15-billion- cubic-meters increase for 2022, according to a new partnership announced Friday.
U.S. President Joe Biden and European officials on Friday announced a new partnership to increase shipments of natural gas from the U.S. and its partners to Europe, as they aim to reduce that continent’s reliance on Russian energy products.
The partnership would also see both sides aim to stay on track with climate goals, by cutting greenhouse gas intensity of all new LNG infrastructure and associated pipelines. Those efforts would include using clean energy to power onsite operations, cutting methane leakage and building clean and renewable hydrogen-ready infrastructure.
Analysts had their own ideas ahead of that announcement on what kind of new measures could be announced in natural gas NG00, +2.41%.
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