Gulf Times: Us Shale Gas Targets Europe Despite Russian Supply Boom

“There will be an increase” in European imports from the US this year, Jason Feer, head of business intelligence at Poten & Partners Inc in Houston, said on Thursday. “The question is now how much are you willing to spend” to import “less Russian gas for essentially the same product from the US?” Cheap Russian gas still has a huge presence in the European market, however. Europe will build more terminals to import US LNG, the head of the European Commission told US President Donald Trump in July.

To read the full article, click here.