U.S. LNG Exports to Benefit Europe’s Energy Security

European gas imports - WSJ

European gas imports - WSJ

With Cheniere Energy, Inc.  beginning LNG exports from the U.S., The Wall Street Journal reports (subscription required) that plentiful and cheap natural gas will help Europe replace coal with gas (thereby reducing GHG emissions), and increase energy security by lessening dependence on Russia, which currently supplies the bulk of natural gas to Europe at a premium. Commenting on the benefits of having options for natural gas suppliers, Vytautas Grubliauskas, mayor of Klaipeda, the Lithuanian town where an offshore LNG terminal is docked, said “U.S. LNG is more than just about gas. It’s about freedom.”

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