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Trump is going to promote U.S. natural gas exports in Warsaw

Donald Trump, the president of the USA, plans to promote U.S. natural gas exports at a meeting next week in Warsaw with leaders from central and Eastern Europe, a region heavily dependent on Russian supplies.

28.Jun.17 2:48 PM
By Daria Zaytseva


Trump is going to promote U.S. natural gas exports in Warsaw

On the way to the G20 summit in Germany, Trump is scheduled to speak in Poland - which received its first shipment of U.S. liquefied natural gas (LNG) this month - to a group of leaders seeking to reduce its dependence on Moscow for energy.

Moscow cut off gas supplies during pricing disputes in 2006 and 2009, which caused a deficit in the winter months in Ukraine and many other European countries.

The United States has considered the increase in LNG exports for many years, as drilling advances have greatly expanded domestic supplies.

The Trump administration sees growth in LNG exports as a way to reduce trade deficits with other countries and expand the economy.

Trump intends to lay his plans to help expand natural gas production and expedite LNG exports in a speech in Washington on Thursday.

The White House does not have projections for how quickly exports could increase, noting those decisions will be driven by market conditions and made by independent producers and exporters rather than the government.

Trump also promised to do everything possible to increase production in the United States.

Gary Cohn, director of the White House National Economic Council, said in an interview that abundant reserves of natural gas should satisfy the needs of domestic users and exporters.

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