TRUMP SELLS LNG
PLATTS - President Donald Trump pushed US LNG exports Tuesday as crucial to increasing European energy security during talks with Polish President Andrzej Duda while continuing his attacks on the Nord Stream 2 natural gas pipeline from Russia to Germany.
"A tremendous amount of LNG will be exported to Poland," Trump said during a joint news conference with Duda. "We're giving them a pretty good price. They're buying a lot of it. That's gonna be great."
Poland received its first US LNG cargo in June 2017 from the Sabine Pass LNG terminal in Louisiana.
Less than 3% of US LNG exports have flowed to Europe this year as of August, down from 11% in 2017, according to data from S&P Global Platts Analytics.
Trump said he and Duda are exploring opportunities to advance European energy security.
"The United States and Poland are deeply committed to energy diversity all across Europe," Trump said. "No nation should be dependent upon a single foreign supplier of energy. Poland has worked tirelessly to increase energy independence nationally and across central Europe."
Earlier Tuesday, Trump reiterated his opposition to Nord Stream 2, which he called a "very bad thing for the people of Germany."
"Its very unfortunate for the people of Germany that Germany is paying billions and billions of dollars for their energy to Russia, I can tell you the German people don't like it," Trump said.
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