The EU is facing an energy crisis as it seeks to cut dependence on Russian supplies
© Getty Images / Suriyapong Thongsawang
The US Department of Energy (DOE) said on Wednesday it has issued approvals for additional exports of liquefied natural gas (LNG) from two major facilities on the US Gulf Coast. The decision aims to help Europe deal with the energy crunch, which has been worsened by the Russia-Ukraine conflict.
According to the DOE, around 720 million cubic feet of the supercooled fuel per day will be exported from the Sabine Pass (Louisiana) and Corpus Christi (Texas) terminals to countries that do not have free trade agreements with the US, including all of Europe.
Previously, the terminals were authorized to export the gas only to countries with free trade agreements, including Canada, Mexico, Australia, more than a dozen countries in Asia, the Middle East, and Central and South America.