LNG stocks jump after European Union agrees to massive U.S. energy purchases
June 23, 2025 Port Arthur, Texas, Texas, Port Arthur, as seen from Louisiana, Camere Parish’nin Sabine Pass LNG is an appearance.
Joel Angel Jarez | Reuters
After the European Union agreed to purchase 750 billion dollars of energy from the USA
LNG Exporters Knight And Venture global It increased by about 3% and more than 4%, respectively. Nextdecade And New castle energyBuilding LNG infrastructure, more than 2% and increased by about 3%.
EU President Ursula von Der Leyen said that purchases will help the block to reduce the dependence on Russia for natural gas.
“The purchases of US energy products will diversify our supply resources and contribute to Europe’s energy security.” He said. expression weekend. “Russian gas and oil US LNG, oil and nuclear fuels will change the important purchases of oil and nuclear fuels.”
Energy purchases are part of a wider trade agreement stuck between the EU and the US during the weekend. In addition to energy purchases, the agreement brings 15% tariffs to EU exports to the US, and Brussels agreed to invest $ 600 billion in the US above existing levels.
President Donald Trump said, “A very important component of energy,” he said during the meeting with von der leyen on Sunday.
