Logistics And Frieght Forwarding

Statement by Rick Perry, US Secretary of Energy, on LNG Shipments to the Netherlands & Poland

We will become a dominant energy force, using our research, development, and delivery capabilities. Rick Perry U.S.

Secretary of Energy On April 25, 2017, I represented the Trump Administration before the “Bloomberg Future of Energy Global Summit” in New York City. In my remarks, I stated:

And finally, we will acknowledge that energy policy is not just a vital element of U.S. economic policy, but also a vital element of U.S. foreign policy.

We have all seen energy used as a political tool to hold countries hostage.

And that is an act of economic aggression that needs to be confronted.

Our response cannot be lofty words, but a set of clear deeds.

And one of the most important actions we can take is to use our massive shale gas resources to begin shipping Liquefied Natural Gas overseas.

We cannot allow energy to be used to cripple or harm the global economy.

I can tell you that the United States of America will use our energy resources to advance energy security.

Yesterday, various news outlets reported on the arrival of U.S. LNG shipments to the Netherlands and Poland. The Netherlands and Poland both received this cargo from Cheniere’s Sabine Pass LNG export terminal in Louisiana.

The LNG shipment to the Netherlands is Northwest Europe’s first ever cargo of U.S. LNG. These volumes follow others delivered to southern Europe, including to Italy, Malta, Spain, Portugal and Turkey, which have received Sabine Pass cargoes since February, 2016, when Sabine Pass started shipping.

Spain and Portugal have received multiple cargoes. Poland has made it clear that U.S. LNG is critical to its efforts to diversify its sources of natural gas.

U.S. LNG has begun arriving in Europe with some frequency, providing a diverse source of supply and ensuring energy security for Europe. Europe has been looking to the United States as a key potential source for energy diversification to decrease Russia’s leverage as the region’s dominant gas supplier.

A growing number of U.S. LNG shipments are expected to be sold to Europe as more liquefaction projects located along the U.S. Gulf Coast come online and begin production and shipment.

Thus far, 5 billion cubic feet per day (52 bcm/a) of U.S. LNG has been contracted to European-based companies: ENGIE (France), BG (UK), BP (UK), Endesa (Spain), Iberdrola (Spain), Gas Natural Fenosa (Spain), EDF (France), EDP (Portugal), TOTAL (France), and Centrica (UK). The U.S. is expected to become the world’s third-largest LNG supplier by 2020.

These actions, and our plans for the future, should underscore the message I delivered in March on behalf of the Trump Administration regarding the United States’ unique role in the world energy market. The United States will act. We will become a dominant energy force, using our research, development, and delivery capabilities.

We will reassure the energy security of our allies and partners around the world, acting as a force for good in an environment of uncertainty.

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