Merkel Says US Shale Gas Might Help Europe Diversify Energy

Article title
German Chancellor Merkel says that imports of US shale gas could eventually be an option for European countries seeking to diversify their energy sources.

Reuters

BRUSSELS, March 21 (Reuters) - German Chancellor Angela Merkel said on Friday that imports of U.S. shale gas could eventually be an option for European countries seeking to diversify their energy sources but the United States must first build the infrastructure to export.

"Many people think that this could be one component, if the United States decided to export shale gas," she told reporters after European Union leaders discussed how to diversify energy sources away from reliance on Russian oil and gas.

(Reporting by Stephen Brown and Noah Barkin)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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Ghung | Mar. 22, 2014
Someone needs to inform the Chancellor that the US is a net importer of natural gas. Maybe she could suggest which US consumers will be going without since their share will be going to Germany. Also, US consumers need to know wholl pay for the LNG plants needed to sell their gas to the EU. Either way, US consumers will be paying more,, but that will happen anyway, since they have all sorts of plans for their abundant natural gas.


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