
The United States plan to simplify the supply of liquefied natural gas to Central and Eastern Europe as much as possible for American companies, Reuters reports citing a White House statement. President Donald Trump intends to use this as a political instrument, reducing energy supply from Russia.
The US President will declare the new ISG exports at the Three Seas summit in Warsaw, which will be held this Thursday, July 6. The main agend of the summit will be the creation of "energy alternative" to Russian projects in Europe, the development of energy infrastructure, LNG terminals and gas pipelines. The group of "three seas" includes 12 European countries, which are located between the Adriatic, Baltic and Black Seas, including Poland, Austria, Hungary, the Czech Republic, and the Baltic States.
An increase in the exports of American gas will reduce the possibilities of Russia's influence in the region, said James Jones, former Commander -in -Chief of NATO united forces in Europe. “I think that the United States can demonstrate its goodwill, exporting energy and helping countries that do not have enough their own resources, become more independent and less dependent,” the general emphasized.
The Summit of the group of the "Three Seas" will be held before the meeting of leaders of the G20 countries scheduled for July 7-8 in Hamburg. The first personal negotiations between Trump and Russian President Putin are planned on her fields.
In April last year, the United States began export of liquefied natural gas to Europe . The first Creole Spirit tanker went from Louisian to Portugal. The Houston Energy Company Cheniere Energy concluded contracts for the supply of LNG with firms from Portugal, Spain and the UK.
As noted by The Wall Street Journal, based on 2016 fuel prices, the American LNG supplied to Europe will cost about $ 4.3 per million British heat units. Russia sells its gas to Europe on average for $ 5.8. Nevertheless, analysts say that Russia can sharply reduce prices in a price war - so that they will drop below 3 dollars per million British thermal units.