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Romania might turn to US natural gas

Romania might turn to US natural gas
 

Review Hari Stefanatos

Rmania along with other european countries are in the process of forming a lobbying coalition to convince the U.S. to allow them to import natural gas, according to National Journal.

According to the article, Romania has formed a coalition with other countries that are depended on Russia for their energy supplies named LNG Allies, which is likely to include Austria, the Czech Republic, Estonia, Finland, Latvia, Lithuania, Poland, Romania, and the Slovak Republic, Croatia, Hungary, Slovenia, Sweden, and Greece.

The current federal law significantly restricts U.S. companies from exporting natural gas to countries that are not free-trade partners with United States, with european countries falling in that category.

Two U.S. trade associations, namely America’s Natural Gas Alliance and the American Petroleum Institute, have not yet committed to the effort but are currently discussing it.

“We certainly are interested in Eastern European markets and we are considering the best way to work with those countries to bring them America’s clean and abundant natural gas, but we have not yet reached a formal agreement to work with one group or another in that endeavor,” the ANGA Spokesperson, Dan Whitten, said to the National Journal.

On many occasions in recent months, officials from european countries have stressed  both the national security and economic reasons why it is important to import natural gas from the U.S.

(Source Romania-Insider)

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