U.S. LNG Goes to Asia More than Europe

July 27, 2022--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--European delegates searching desperately for alternatives to Russian gas spent much of last week courting officials from resource-rich Azerbaijan, though a U.S. government eager to promote energy security seems to have missed the memo. EU President Ursula von der Leyen signed a memorandum of understanding with the Azeri government last week to secure more supplies of natural gas from the Caspian energy giant. According to Azerbaijan's Trend News Agency, both parties agreed to increase volumes running through the network of pipelines dubbed the Southern Gas Corridor, from around 280 billion cubic feet per day to as much as 420 billion cubic feet per day.