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Shell sees no major impact on higher US gas export to Europe

Screen Shot 2014-02-10 at 16.29.29Extract from a Reuters article published 25 March 2014 by The Peninsula

Tension over the future of Ukraine is prompting the European Union and United States to look at deepening their economic ties. Europe is hoping to tap the abundant energy resources of its key ally to reduce dependence on Russia, which feeds a bulk of the region’s gas demand.  Liquefied natural gas (LNG) will in the meantime remain tight due to Japan’s post-Fukushima demand, until new supply comes onstream from Australia, Angola and Papua New Guinea, Maarten Wetselaar, executive vice president of Royal Dutch Shell’s integrated gas division, said in an interview.

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