President Trump makes major LNG move in Texas speech by extending Non-FTA accords through 2050
US President Donald Trump said during a speech in Midland, Texas, that the Department of Energy is issuing a final policy statement that allows for liquefied natural gas exports to Non-Free Trade Agreement countries to be extended through the year 2050.
LNG firms in Asia tour
Nov 4 (LNG) - US Secretary of Commerce Wilbur Ross is leading a US Trade Mission to the Indo-Pacific Business Forum in Bangkok, Thailand, and subsequently to Indonesia and Vietnam from November 3-8. “This mission supports President Donald J. Trump’s goals of accelerating US commercial activity in the region, supporting job-creating export opportunities for American companies, as well as meeting the region’s needs for economic growth and development,” said Ross.
Leading LNG, energy and engineering companies are in the US delegation. These include industry participants such as Bechtel Inc., AES Corp., Cheniere Energy, Magnolia LNG (Louisiana), Tellurian Inc. and Honeywell International.
US pledge for more LNG cargoes for Poland highlights Nord Stream pipeline concerns in EU
Poland is on track to receive additional volumes of liquefied natural gas imports from the US under purchase contracts signed by commercial companies, though the Poles would have to boost their regasification and import capacity to enjoy the economic advantages of the Transatlantic shipments.
