The United States intends to conquer the gas market in Europe

09 October 2018, 00:01 | Economy
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The US authorities believe that they will be able to press Russia on the European gas market; therefore, the States need to focus more on their energy sector as a means of challenging Moscow.. This was stated by Larry Cudlow, Chief Economic Adviser to the American President Donald Trump, in an interview with Hill TV. Tv. "We are the dominant energy power. In a couple of years we will be producing 15 million barrels of oil per day.. We are ahead of the Saudis (Saudi Arabia). We will overtake Russia ", said Kudlow. According to him, the States have so much natural fuel that is extracted from the Permian Basin (shale gas in western Texas and southeast New Mexico - red. ) that "they do not know what to do with it," so they burn it, "because they cannot use it". “So what does this mean? We have to create infrastructure for pipelines, east, west, west, east. Deliver this fuel to the northeast, take it to Europe and challenge the hegemony of Russia in the market for gas and liquefied natural gas (LNG). This is doable. We must really focus on energy. Most of this work can be done privately, "the American called. Trump’s advisor’s comment came after Reuters reported last week that Russia and Saudi Arabia struck a deal to increase oil production in September.

It was noted that this step demonstrates that Riyadh and Moscow are increasingly seeking cooperation without OPEC.. As the TV channel 360 reminds, the leaders of the largest US oil and gas companies claim that the problem of Americans is not gas shortage, but transportation: the operating gas pipelines are overloaded and do not imply prompt delivery of fuel to the other coast of the country. Earlier, problems with infrastructure in the gas sector were reported to Trump and Energy Minister Rick Perry..




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