Junker says EU will ‘build more LNG import terminals’

Monday, 03 September 2018

Seeking to accommodate U.S. President Donald Trump’s demands for greater LNG sales to Europe, the European Commission President Jean-Claude Junker has said the EU would build more LNG import terminals. However, this does not mean imports will increase as the JKM-TTF spread remained wide enough over the past year for US cargoes to get a higher netback going to Asian than Europe.

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