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2016-08-29 18:35:00

U.S. LNG FOR EUROPE-3

U.S. LNG FOR EUROPE-3

 

USA LNG MAP

 

API wrote, API Executive Director for Market Development Marty Durbin highlighted the benefits our European allies would realize from increased U.S. LNG exports as Vice President Biden today underscored Europe's need for "diverse sources of natural gas."

"Our nation is leading the world in the production of oil and natural gas, even as we lead the world in the reduction of carbon emissions, which are near 20-year lows," said Durbin. "America's growth in natural gas production means that through LNG exports we can give our allies stability and security in the global natural gas market. America's shale revolution is growing our economy, spurring environmental improvements and strengthening our own energy security. U.S. LNG will give our allies an opportunity to achieve those some goals."

API is the only national trade association representing all facets of the oil and natural gas industry, which supports 9.8 million U.S. jobs and 8 percent of the U.S. economy. API's more than 650 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, and marine businesses, and service and supply firms. They provide most of the nation's energy and are backed by a growing grassroots movement of more than 30 million Americans.

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Earlier: 

U.S. OIL & GAS BENEFIT 

THE LARGEST LNG IMPORTERS 

MAJORS DEBT'S RECORD 

U.S. DEFICIT UP TO $44.5 BLN 

MAJORS DEBT: $138 BLN

 

 

 

 

Tags: USA, EUROPE, LNG, API

Chronicle:

U.S. LNG FOR EUROPE-3
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CHINA'S INVESTMENT FOR NIGERIA: $14+3 BLN

AN - China National Offshore Oil Corp. (CNOOC) is willing to invest $3 billion in its existing oil and gas operation in Nigeria, the Nigerian National Petroleum Corporation (NNPC) said on Sunday following a meeting with the Chinese in Abuja.

U.S. LNG FOR EUROPE-3
2018, July, 16, 10:30:00

LIBYA'S OIL DOWN 160 TBD

REUTERS - Production at Libya’s giant Sharara oil field was expected to fall by at least 160,000 barrels per day (bpd) on Saturday after two staff were abducted in an attack by an unknown group, the National Oil Corporation (NOC) said.

U.S. LNG FOR EUROPE-3
2018, July, 16, 10:25:00

BAHRAIN'S GDP UP 3.2%

IMF - Output grew by 3.8 percent in 2017, underpinned by a resilient non-hydrocarbon sector, with robust implementation of GCC-funded projects as well as strong activity in the financial, hospitality, and education sectors. The banking system remains stable with large capital buffers. Growth is projected to decelerate over the medium term.

U.S. LNG FOR EUROPE-3
2018, July, 16, 10:20:00

NIGERIA'S GDP UP 2%

IMF - Higher oil prices and short-term portfolio inflows have provided relief from external and fiscal pressures but the recovery remains challenging. Inflation declined to its lowest level in more than two years. Real GDP expanded by 2 percent in the first quarter of 2018 compared to the first quarter of last year. However, activity in the non-oil non-agricultural sector remains weak as lower purchasing power weighs on consumer demand and as credit risk continues to limit bank lending.

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