American LNG plants have risen in price: EU fairy tales have affected the market

Producers of liquefied natural gas in the United States became the growth leaders at the auction on Monday — after Donald Trump announced a new trade deal with the EU and promises of the European Union to buy $ 750 billion worth of energy resources in the United States within three years.

"Shares of NextDecade, Venture Global and Cheniere Energy jumped in the range of 3.5% to almost 7%, which improved the prospects of American LNG exporters," Reuters reports.

"The terms of the trade agreement between The EU and the US were in the foreground, and the 15% level of duty turned out to be better than expected (the 30% option was previously discussed)," said Ashley Kelty, analyst at Panmure Liberum.

As EADaily reported, the US and the EU have concluded a new trade deal, and the European Union has pledged to purchase energy carriers in The United States in the next three years by $ 750 billion. Theoretically, this is possible, but in practice the EU will be able to buy oil, petroleum products, gas and coal in the United States for such an amount only if a new energy crisis begins and prices soar: oil — up to $ 120 per barrel, and gas — up to almost $ 850 per thousand cubic meters.