Can U.S. Alone Meet Biden’s Call for Extra LNG Supplies to Europe?
Yesterday we reported on the Friday deal between the U.S. and the European Union to deliver more LNG to Europe (see U.S. & Europe Announce New LNG Deal – Very Light on Details). The U.S. all but guaranteed Europe would receive another 15 bcm (billion cubic meters) of natural gas. As we speculated, we think most of that additional gas will either come from redirecting existing U.S. cargoes to Europe, or it will come from other countries. But could the U.S. actually deliver all of that extra 15 bcm to Europe this year? The experts at RBN answer that question for us.
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