A view of Cheniere’s Sabine Go LNG facility situated in Cameron Parish, Louisiana, as seen from Port Arthur, Texas, U.S., June 23, 2025.
Joel Angel Juarez | Reuters
Shares of liquified pure fuel (LNG) corporations jumped Monday after the European Union agreed to buy $750 billion of vitality from the U.S.
LNG exporters Cheniere and Venture Global have been up about 3% and greater than 4%, respectively. NextDecade and New Fortress Energy, which construct LNG infrastructure, jumped greater than 2% and about 3%.
EU President Ursula von der Leyen stated the purchases would assist cut back the bloc’s dependence on Russia for pure fuel.
“Purchases of US vitality merchandise will diversify our sources of provide and contribute to Europe’s vitality safety,” Von der Leyen stated in a statement over the weekend. “We’ll exchange Russian fuel and oil with important purchases of US LNG, oil and nuclear fuels.”
The vitality purchases are a part of a broader trade deal caught between the EU and the U.S. over the weekend. The deal imposes 15% tariffs on EU exports to the U.S. Along with the vitality purchases, Brussels has agreed to speculate $600 billion within the U.S. above present ranges.
President Donald Trump stated “vitality is a vital element” of the deal throughout a gathering with von der Leyen on Sunday.