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Liquefied Natural Gas exports from the United States and their impact on European energy security

Bos, P.J.H. (2017) Liquefied Natural Gas exports from the United States and their impact on European energy security.

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Abstract:Over the past years, the United States has become a net exporter of natural gas. Policy makers on both sides of the Atlantic wish to use this new role of the United States to enhance European energy security.  But the literature suggests that Europe is an unlikely destination for Liquefied Natural Gas from the United States. The goal of this research was to examine the feasibility of LNG exports from the United States to Europe and to see how exports from the United States affect European energy security.  This research acknowledges the general idea that the main concerns for exports to Europe are economic. The EU is aware of the issues, it has created a LNG Strategy to improve its attractiveness as destination market.  Existing research suggests that LNG originally destined for the United States was diverted to Europe because of the shift in the United States towards gas exports. But this research found no significant evidence that these transports have been diverted to Europe; in fact, the opposite has been the case. Lower prices on European markets have led to decreasing LNG imports and increasing pipeline imports from traditional suppliers, most notably Russia. Contradicting the European energy security goals.
Item Type:Essay (Master)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:88 social and public administration, 89 political science
Programme:European Studies MSc (69303)
Link to this item:http://purl.utwente.nl/essays/72065
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