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European Leaders Are Willing To Support The Construction Of LNG Or LNG Import Terminals
Nov 27, 2018

President Donald trump's administration is studying a multifaceted infrastructure plan, White House economic adviser Larry Kudlow said Tuesday.

"We're looking at infrastructure in many different ways," Larry Kudlow said on CNBC's Squawk on the Street.

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"I want to do energy infrastructure.

I want to be a conduit, "kudrow said.

"I want to do anything that helps LNG, terminals, shipping.

We want to revamp America's shipping industry, which has been stagnant for years.

We want to export oil and gas to Europe and Europe.

Asia."

There were early signs that European leaders were willing to support the construction of LNG or LNG import terminals.

The new terminals could lead to increased U.S. LNG exports to the continent.

Mr Trump met jean-claude juncker, President of the European commission, in July and promoting gas trade was one of the most important issues.

"They want LNG, they really want it, and we're going to do everything we can to accommodate it," Mr. Kudrow said.

As the us continues trade talks with Europe, the trump administration continues to push its European Allies to import more liquefied natural gas.

The United States also urged Europe to reduce its dependence on Russian state-owned companies to transport natural gas through pipelines.

Russia dominates gas supplies to Europe.

But the us is moving into Europe because of German government support for LNG terminals in northern Germany.


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