U.S. Looks to Ensure Long-Term Demand for Its LNG in Europe

The United States is looking to keep its LNG flowing to Europe in the long term when the EU will have standards for methane emissions for all imported fossil fuels. The EU’s methane regulation will require imports of oil and gas, including LNG, to have equally strong or more stringent requirements of thresholds for these emissions than the European Union, starting in 2030. These requirements, yet to be deliberated and announced in detail, would mean that U.S. LNG developers and exporters would need to clean up their operations to ensure their...