Natural Gas News – May 2, 2019
Natural Gas News – May 2, 2019
US Natural Gas Exports to Europe Surge Nearly 300%
Washington Examiner reported: The European Union announced Thursday that its imports of U.S. liquefied natural gas have climbed 272% since 2016, with the steepest increases occurring after President Trump met last July with European Commission President Jean-Claude Juncker to hash out a trade deal. The EU announced the big statistic in kicking off a high-level meeting between U.S. and European business leaders in Brussels on ways to further enhance the LNG trade, featuring Energy Secretary Rick Perry and EU Commissioner for Climate Action and Energy Miguel Arias Cañete. The EU said it recorded its highest level of EU-U.S. natural gas trade in March with more than 1.4 billion cubic meters of LNG imports. For more on this story visit washingtonexaminer.com or click https://washex.am/2V6SwAN
CAPP: A strong offshore oil and natural gas industry benefits all of Canada
World Oil reported: Newfoundland and Labrador has an opportunity to become one of the most competitive offshore oil and natural gas jurisdictions in the world, but only if Newfoundlanders and Labradorians vote for energy in the next provincial election, according to the Canadian Association of Petroleum Producers (CAPP). In its Newfoundland and Labrador Energy Platform, Oil and Natural Gas Priorities for a Prosperous Newfoundland and Labrador, CAPP made a series of action-oriented recommendations aimed at increasing industry competitiveness through improvements to regulatory, fiscal, and economic policies, and the timely expedition of projects. In its Energy Platform, CAPP provides clear information about the challenges facing Newfoundland and Labrador’s oil and natural gas industry. CAPP hopes to inform the public and political parties about how industry can continue to generate significant benefits for the province and its economy. A vote for energy is a vote for a more prosperous future for Newfoundland and Labrador. For more on this story visit worldoil.com or click https://bit.ly/2DHK4xa
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