More United States' exports of liquefied natural gas (LNG) to Europe along the strategies outlined by President Donald Trump will relieve tight global markets, reduce prices, and help traders diversify their sourcing, the head of German utility Uniper (UN0k.DE) told Reuters.
"When Trump sends more gas to Europe it will reduce the world gas price," chief executive Michael Lewis said in an interview during the Handelsblatt Energy Summit.
"It means lower energy prices for German industry and customers, that's why it's positive."
Trump took office on Monday and issued an order for the U.S. to resume processing export permit applications for new LNG projects which were halted by his predecessor Joe Biden.
