12:39 - 9.12.2024

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December 9, Fineko/abc.az. "I have bad news for oil exporting countries. We expect a sharp increase in oil exports and production in the coming years. This is one of the most important priorities of the U.S.’ energy policy. Undoubtedly, the decision to suspend LNG export licenses made under Biden can be reversed. We are also considering the possibility of increasing gas production and exports. The U.S. should become a major player in the energy market."

ABC.AZ informs that Donald Trump stated about this during the unveiling of changes in U.S.’ energy policy and strategic goals. According to Trump, the U.S. is seeking to increase oil and gas production in order to strengthen its position in the energy sector and have a greater impact on foreign markets. Trump believes these steps will further strengthen the energy independence of the U.S. and increase its competitiveness in global markets.