Russia-China gas deal fuels U.S. export push

Posted on May 25, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Lawmakers who want the United States to export more natural gas called a 30-year, $400 billion deal for China to buy energy from Russia’s state-owned gas supplier a wake up call for Washington.

Sen. John Hoeven (R-N.D.) said he worried the deal would strengthen Russia amid the crisis in Ukraine and urged his colleagues to approve more gas exports from the U.S.

“This gives Russia another option. It strengthens their hand vis-à-vis what they decide to do in Eastern Europe,” Hoeven said. “And it makes it even more imperative that we advance our legislation to allow exports of LNG (liquefied natural gas) to Europe so that they have alternative sources.”