Several notable international events took place this week with multiple countries looking towards U.S.LNG as the primary stabilizer amidst increasing global uncertainty.
Japan’s Prime Minister Shigeru Ishiba is set to meet with President Trump tomorrow with Ishiba expected to pledge to boost Japan’s imports of US LNG and President Trump expected to emphasize an increase in defense cooperation and spending.
In addition, the country of Egypt has signed $3 billion dollars worth of LNG deals with Shell and TotalEnergies, as the country had flipped to being a net importer of natural gas last year.
TotalEnergies CEO Patrick Pouyanne has also publicly urged Europe to secure a free-trade guarantee for US LNG, reinforcing a call he had previously made to President Trump.
As US LNG gains more attention in the global economy, the Trump Administration will have an increasingly strong bargaining chip on the international stage.
Source: Gelber & Associates
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