Reported 1 day ago
Repsol's CEO, Josu Jon Imaz, stated that U.S. President Donald Trump's energy policies are expected to positively impact the gas industry, leading to increased output and lower prices. He highlighted that new LNG export licenses will boost demand and lower global gas prices, benefiting European industries reliant on gas. Additionally, cheaper gas could facilitate a shift from coal to cleaner gas-fired energy in developing countries. The U.S. is keen to enhance LNG exports to reduce Europe's dependency on Russian gas amid ongoing geopolitical tensions.
Source: YAHOO