Europe Has a Very Big Appetite for U.S. LNG, EU's Sefcovic Says

The transcript discusses the cooperation between the EU and US on energy security, focusing on LNG imports and trade agreements. It highlights the EU's capacity to import LNG and the potential for a strong market. The conversation also touches on trade negotiations, the Nord Stream 2 pipeline, and the establishment of the European Energy Union. Finally, it considers future roles within the EU Commission and the importance of industrial policy and economic megatrends.

What was the percentage increase in American LNG imports to the EU?

• 150%

• 272%

• 115%

• 300%

What is the EU's current import capacity for LNG in billion cubic meters?

• 180 billion

• 150 billion

• 210 billion

• 250 billion

Which new facility's production is already sold out for the next 20 years?

• A new solar plant

• A new wind farm

• A new nuclear plant

• A new LNG facility

What is the EU's stance on industry tariffs in future trade deals with the US?

• Maintain current tariffs

• Increase tariffs

• Introduce new tariffs

• Reduce tariffs to zero

What was the EU's response to the potential imposition of auto tariffs by the US?

• They were indifferent

• They opposed it

• They welcomed it

• They were surprised

What is one of the main goals of the European Energy Union?

• Enhance energy security and diversification

• Increase reliance on a single energy supplier

• Focus solely on fossil fuels

• Reduce energy imports

What legislative framework is important for the European Energy Union?

• A framework for infrastructure and competition

• A framework for reducing renewable energy

• A framework for increasing coal usage

• A framework for decreasing energy efficiency