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White House Signals Support For NatGas Exports

Laura Barron-Lopez | The Hill

26 MAR 2014

The Obama administration on Wednesday signaled support for increased exports of natural gas in a joint statement issued with the European Union.
Noting the conflict in Ukraine, the statement strongly suggested increased sales of liquefied natural gas (LNG) is needed to diversify Europe's energy supplies and weaken the influence of Russia.

"The situation in Ukraine proves the need to reinforce energy security in Europe and we are considering new collaborative efforts to achieve this goal," the joint statement said.

"We welcome the prospect of U.S. LNG exports in the future since additional global supplies will benefit Europe and other strategic partners."

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