API Statement on U.S.-EU Cooperation on Energy Security
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WASHINGTON, January 28, 2022 – The American Petroleum Institute (API) issued the following statement from Vice President of Natural Gas Markets Dustin Meyer in response to an announcement by President Biden and European Commission President Ursula von der Leye on U.S.-EU cooperation on energy security.
“We welcome the U.S. and EU engagement on European energy security and the recognition of the critical role U.S. LNG can play in ensuring our allies have access to a stable supply of reliable and affordable energy. Our industry is prepared to help the EU meet its energy it needs amidst rising geopolitical tensions. Beyond the immediate crisis, we encourage the U.S. and EU to consider the long-term role natural gas can play in achieving shared energy security and decarbonization goals.”
API represents all segments of America’s natural gas and oil industry, which supports more than 11 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. Its nearly 600 members produce, process and distribute the majority of the nation’s energy, and participate in API Energy Excellence®, which is accelerating environmental and safety progress by fostering new technologies and transparent reporting. API was formed in 1919 as a standards-setting organization and has developed more than 700 standards to enhance operational and environmental safety, efficiency and sustainability.