JRL NEWSWATCH: “Europe is fast-becoming a natural gas battleground for Russia and the U.S.” – CNBC/ Holly Ellyatt
“With 28 countries and a combined population of around 512 million people, the European Union is something of a prized market – and political battleground – for the world’s largest energy exporters …. Russia has long been the dominant source and supplier of natural gas to Europe’s mass market but the U.S. is looking to challenge Russia … [with] U.S. liquefied natural gas (LNG) – gas … super-cooled to liquid form – making it easier and safer to store and transport. Europe … appears keen to wean itself off Russian gas, and all the geopolitical implications that reliance entails … European Commission President Jean-Claude Juncker and President Donald Trump agreed to strengthen U.S.-EU strategic cooperation with respect to energy and the EU said it would import more LNG from the U.S. ‘to diversify and render its energy supply more secure. …'”
