EU Details LNG Purchases Under US Trade Deal
The European Commission this week published an explainer about the energy purchase commitments it agreed to under its trade deal with the U.S., which calls for EU purchases of $750 billion worth of U.S. liquified natural gas and other energy…
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over the next three years (see 2507280027). The commission said it expects that increased imports of American energy will help it "fully replace all Russian energy imports," and stressed that U.S. companies must ensure "unrestricted access and sufficient production and export capacity."