Turkey offers opportunity for US LNG
The emerging economy’s surging demand proves it is not all doom-and-gloom for US exporters
As analysts scramble to assess Covid-19’s impact on the global economy, the already bleak prospects for the LNG market in 2020 look even starker. This presents a serious challenge for US overflowing gas production, which has been at the core of trade deal negotiations and President Trump’s re-election campaign. In his Davos speech in January, Trump made it clear just how important energy exports are for US foreign policy. He urged European countries to use America’s vast natural gas supplies to achieve energy security and eliminate their reliance on “unfriendly” energy suppliers. During the last four years, LNG has rightly earned its status as a ‘darling’ of US exports. It has helped to mak
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