Trump Says Germany Wants To Start Buying US Natural Gas

WASHINGTON (Pakistan Point News / Sputnik - 23rd October, 2018) US President Donald Trump told reporters on Monday that Germany now wants to begin purchasing liquefied natural gas (LNG) from the United States.

"If you look at what's happening in Germany with respect to the pipeline [Nord Stream 2], they want to now start buying our natural gas. It just came out," Trump told reporters at the White House.

The Wall Street Journal reported on Monday that German Chancellor Angela Merkel has offered government's support to open up the country to US gas. Berlin will co-finance the construction of a $576 million LNG shipping terminal in northern Germany, the report said citing people familiar with the matter.

The United States, seeking to promote its liquefied natural gas in the European market, has made a number of attempts to impede the implementation of the Nord Stream 2 project and even incorporated a provision for counteracting the construction of the pipeline in its Countering America's Adversaries Through Sanctions Act.

Nord Stream 2 is a joint venture of Russia's gas giant Gazprom and five European companies. It aims to deliver 55 billion cubic meters of Russian natural gas annually to the European Union across the Baltic Sea.