More demand for U.S. natural gas

[dan_s]

1 metric ton of gas = ~50 Bcf

Poland, U.S. strike natural gas deal . OAN .
Poland has struck a deal to purchase long-term supplies of liquefied natural gas (LNG) from the U.S. On Thursday, Poland’s state-owned utility company announced the agreement with Cheniere Energy at a ceremony hosted by the Polish president and U.S. Energy Secretary Rick Perry. Under the agreement, Poland will purchase almost 30 million metric-tons of U.S. natural gas over the next 24-years. This marks another major success for President Trump’s agenda of reducing the European Union’s reliance on Russian energy. Secretary Perry said the deal will reduce energy costs in Poland and support economic growth across Europe. “The diversity of an energy supply is tantamount to the strength of the Polish economy,” Perry stated. “This is a signal across Europe that this is how your energy future can be developed, the security of your country, the diversity of supply — it’s a great day for Europe.”

US confident it can compete in Europe’s gas market . OilPrice.com .
As American LNG costs continue to fall, and as Europe looks to untangle itself from Gazprom, U.S. liquefied natural gas (LNG) exports are quickly becoming a welcome alternative to Russian gas supplies. The United States is all too happy to help Europe increase its energy security by diversifying its natural gas supplies—in which Gazprom holds more than a third of the market. These were the key messages from U.S. officials and LNG developers at this week’s gas conference in Berlin. At the conference this week, Woodward Clark Price, Minister-Counselor for Economic Affairs at the U.S. embassy in Berlin, said that U.S. LNG is becoming increasingly competitive, due to continuously falling costs. “US LNG will become even more cost-competitive and attractive. We are confident US LNG can compete [in Europe] -- even on price,” S&P Global Platts quoted Price as saying at the event.