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The volume of imports of liquefied natural gas from the United States to the European Union doubled in 2016-2017 and reached 2 billion 800 million cubic meters, the European Commission said. The share of US gas exports to Europe over this period has increased from 5% to 10%. As previously reported, European Commission President Jean-Claude Juncker and US President Donald Trump agreed to “strengthen the EU-US strategic cooperation in the field of energy”. Member of the European Commission for Energy Miguel Arias Chantier said that the increase in LNG imports from the US is “an important element in ensuring the security of gas supplies to the EU”. The EC report says that the EU-funded LNG infrastructure projects will increase the reserve capacity of the EU by another 15 billion cubic meters by 2021.
Asian shares gained on Monday as investors await more countries to re-open their economies despite a pick up in coronavirus cases. South Korea warned of a second wave of infections as cases grew to a one-month high, while new infections were ...
The dollar fell on Friday as countries began lifting lockdowns, hinting of a recovery in demand caused by the coronavirus crisis. Brent crude rose 1.5%, or 47 cents, at $29.33 per barrel. U.S. oil was up 1.5%, or 48 cents, at $24.03 per barrel. Both ...
Facebook Inc (FB.O) will introduce a newly-developed mobile gaming application on Monday. The application was designed to bring a live game streaming experience in an attempt to compete against Amazon.com Inc’s Twitch, Google’s ...
SYDNEY- Asian shares dropped on Monday as series of national lockdowns endanger authorities’ schemes of nursing economic disruptions and what appears to be a sharp worldwide recession brought by the novel coronavirus. S&P 500 E-mini ...
China is set to trim down import tariffs on some goods including frozen pork, avocado, and semiconductors beginning January 1, 2020, according to the finance ministry as China bids to beef up imports amid slow economic growth and a trade dispute ...
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