Trump urges Europe to buy American natural gas to ensure their energy security
European countries should rely on US gas imports to ensure their energy security, US President Donald Trump announced at the World Economic Forum in Davos.
“With an abundance of American natural gas now available European allies no longer have to be vulnerable to unfriendly energy suppliers,” Trump told the audience as he boasted that the US had outpaced other countries “by far” in oil and gas production.
We urge our friends in Europe to use America's vast supply and achieve true energy security.
The statement falls in line with US efforts to boost its energy shipments to Europe, especially imports of liquefied natural gas (LNG). Meanwhile, many European nations have already stressed that they want to diversify their sources of energy, and the Nord Stream 2 gas pipeline from Russia could be one of the ways to achieve this.Also on rt.com Russia has ships to complete Nord Stream 2 pipeline without European help
However, Washington has recently issued an ultimatum to European companies involved in the Russia-led project, threatening to impose harsh sanctions on them unless they ditch it. Fearing the restrictions, the Swiss-Dutch company Allseas stopped all work on the final stages of the project and withdrew its vessels from the construction area in the Baltic Sea in December.
The US approach has already been criticized in Europe, with German Chancellor Angela Merkel saying that “sanctions are the wrong way to go.” As she met Russian President Vladimir Putin, she also stressed that Nord Stream 2 is set be finished against all odds by the end of 2020 or early 2021.
For more stories on economy & finance visit RT's business section