Uniper: More U.S. LNG Flows to Europe Will Relieve Gas Markets

Additional purchases of U.S. LNG from the European Union would help ease the tightness in global natural gas markets and reduce consumer and industry prices in Germany, Michael Lewis, chief executive at German energy giant Uniper, told Reuters on Wednesday. Earlier this week, U.S. President Donald Trump urged the EU, again, to buy more American oil and gas to avoid tariffs. “When Trump sends more gas to Europe it will reduce the world gas price,” Uniper’s Lewis told Reuters. Lower global gas prices mean reduced energy prices for…