The signature of the European Union (EU) ExxonMobil for many decades for gas purchases for many decades of gas purchases energy Valued dollars are reported today (10.9.25) by the Financial Times.
Specifically, in July, the EU pledged to buy US $ 750 billion in US energy up by 2028, under a trade agreement with Washington.
Peter Clark, Senior Vice -President of Exxon’s liquefied natural gas company, told the FT that Europe’s expanding gas infrastructure (LNG) makes Europe’s commitment to long -term supplies, pointing out that it is about 80% of LNG.
Europe is now “the most important market” for US exports LNG and the next step will be “to think (ed: European continent) how to support the long -term contracts,” Clark said, according to the British newspaper.
In 2024, the US secured 50% of EU liquefied natural gas imports, as well as 17% of oil imports and 35% of carbon imports, according to Eurostat. Any expansion of energy trade is likely to focus on LNG, as the US is the world’s leading country to export this fuel.
“We saw in the data a very large increase in LNG imports in Europe from one year to another, it is about 20 percent,” Clark told the FT, adding that 55% of imports were made by the United States.