Energy Secretary Chris Wright details the major natural gas deal signed on ‘The Evening Edit’ with Japan.
Two European Energy Giants The Trump has reached a 20 -year long deals, marking a large victory for administration, marking a large victory from an American company.
Venture Global – Arlington, an energy company out of virginia – will supply 2 million metric tons of liquefied natural gas to Annie each year, A. Multinational energy company Headquarters in Rome. According to the announcements of two companies, the contract is for 20 years.
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“The first long -term LNG supply of the agreement is Eni’s supply United States And represents an important milestone in Eni’s strategy to expand and diversify its global LNG footprint, enhancing the portfolio flexibility, “as mentioned in the announcement from ENI.” The share of these versions will contribute to the diversification of Europe’s gas supply. ,
The logo of Italian multinational energy company Eni was displayed at his booth during the LNG 2023 Energy Trade Show in Vancouver, British Columbia, Canada, July 12, 2023. (Chris Helgraine / Reuters / Reuters)
In April, Italian Prime Minister Giorgia Meloni Told Trump According to Reuters, its country will increase the import of American liquefied natural gas as a means of improving trade relations.
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Additionally, Venture Global announced last week that it had reached a separate deal every year to supply 750,000 metric tons of liquefied natural gas to German -based safe energy. According to an announcement by Venture Global, the agreement is also for 20 years.
US President Donald Trump talks to media members at the South Lawn of the White House on Tuesday, July 15, 2025 before riding in Marine One in Marine One in the US. (Al Drago / Bloomberg Getty Image / Getty Image)
Venture Global CEO Mike Sabel said, “Venture Global is thrilled to play a leading role in expanding our strategic partnership with Global Germany and Safe and not only to ensure the safety of energy supply and strength for the rest of Germany but not only Germany but also for the rest of the European gas market.”
In June, German Chancellor Frederick Merz met with Trump in the first visit to America since he went to office. After the meeting, Merz told reporters that they had agreed to strengthen Cooperation on tradeAccording to Reuters.
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Earlier this week, Trump announced that his administration would impose 30% tariffs on goods from members of the European Union (EU) starting on August 1. Trade deficit And national security concerns.
President Donald Trump and German Chancellor Frederick Merz Washington, DC, US, meet at the White House on 5 June 2025. (Kevin Lamark / Reuters / Reuters)
The US President visited Pennsylvania on Tuesday, where he announced billions of dollars in state investments in Artificial Intelligence and Energy.
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The White House did not immediately respond to the request of Fox Business to comment.
