Russia is 'fearful' of US competition in the European gas market, official says

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Russia is 'fearful' of US competition in the European gas market, official says
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Europe can buy its natural gas wherever it wants, including Russia, but there should be more competition among suppliers, a top U.S. energy official told CNBC.

Europe can buy its gas wherever it wants but the U.S. should be among the array of suppliers, a top U.S. energy official told CNBC.

The U.S. national flag flies as the liquefied natural gas tanker Oak Spirit, operated by Teekay Corp., sits docked with Poland's first import of U.S. LNG at the Gazoport terminal, operated by Polskie LNG SA, in Swinoujscie, Poland, on Thursday, July 25, 2019. More "freedom gas" from U.S. shale basins is earmarked for Europe after the company behind a Louisiana export project expanded a deal with Poland.

The U.S., EU and Russia are engaged in an awkward triangle when it comes to gas with Russia and the EU integrated closely in terms of energy, in terms of gas supplies, and the U.S. trying to gain more access to the EU market for its own liquefied natural gas exports.

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