Page 7 - GLNG Week 18 2022
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GLNG COMMENTARY GLNG
increasingly through the lens of energy security. On the European side, similar sentiments are
Last week, the Wall Street Journal cited being echoed.
sources familiar with the matter as saying that “The political commitment is there to invest
both EU and White House officials had been in this relationship,” a European Commission
telling industry executives recently that they do spokesman for energy and climate issues was
support long-term supply contracts. And some also quoted by the Wall Street Journal as saying
officials have made public remarks on the issue last week.
as well. More talks over new deals to supply LNG to
“There’s a real potential here for Europe to Europe are certain to be underway, but not yet
signal the demand for US LNG and for our US public, given that a number of European com-
LNG providers to provide that gas to them in the panies is moving to expedite construction on
form of long-term contracts,” the US National new LNG terminals and has not yet unveiled any
Security Council’s senior director for climate offtake agreements. Such deals can take time to
and energy, Melanie Nakagawa, who also serves negotiate, but it would not be surprising to see
as a special assistant to Biden, said at an event other European LNG buyers follow in Engie’s
hosted by the Center for Strategic and Interna- footsteps and announce SPAs with US suppliers
tional Studies. in the coming weeks and months.
Week 18 06•May•2022 www. NEWSBASE .com P7
