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Chairman Reed Speaks on Supporting U.S. Liquefied Natural Gas (LNG) Exports through Global Gas Infrastructure Development

Delivers Remarks to Nearly 100 LNG Stakeholders at Event Hosted by the United States Trade and Development Agency (USTDA), LNG Allies, and the U.S. Chamber of Commerce’s Global Energy Institute

FOR IMMEDIATE RELEASE March 5, 2020

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Washington, D.C. – President and Chairman of the Export-Import Bank of the United States (EXIM) Kimberly A. Reed delivered keynote remarks and spoke on a panel with USTDA Acting Director Thomas Hardy and USAID Deputy Administrator Bonnie Glick on how EXIM can support U.S. LNG exports. The event was sponsored by USTDA, U.S. Chamber of Commerce’s Global Energy Institute, and LNG Allies.

Chairman Reed underscored EXIM’s commitment to USTDA’s U.S. Gas Infrastructure Exports Initiative, which is designed to connect American companies to export opportunities across the gas value chain in emerging economies.

“EXIM is committed to increasing U.S. energy exports,” said Chairman Reed. “I am thankful for the work that our public and private-sector partners, including USTDA, LNG Allies, and the U.S. Chamber of Commerce’s Global Energy Institute do to promote the export of U.S. energy.”

In August, Chairman Reed hosted a roundtable discussion and teleconference with LNG business leaders, including the American Petroleum Institute, Center for Liquefied Natural Gas, LNG Allies, and the U.S. Chamber of Commerce to discuss ways EXIM can assist with increasing the volume of domestic LNG exports.

Chairman Reed, USTDA Acting Director Thomas Hardy, and USAID Deputy Administrator Bonnie Glick speak on a panel moderated by Christopher Guith of the U.S. Chamber of CommerceChairman Reed, USTDA Acting Director Thomas Hardy, and USAID Deputy Administrator Bonnie Glick speak on a panel moderated by Christopher Guith of the U.S. Chamber of Commerce

ABOUT EXIM:

EXIM is an independent federal agency that promotes and supports American jobs by providing competitive and necessary export credit to support sales of U.S. goods and services to international buyers. A robust EXIM can level the global playing field for U.S. exporters when they compete against foreign companies that receive support from their governments. EXIM also contributes to U.S. economic growth by helping to create and sustain hundreds of thousands of jobs in exporting businesses and their supply chains across the United States. In recent years, approximately 90 percent of the total number of the agency’s authorizations has directly supported small businesses. Since 1992, EXIM has generated more than $9 billion for the U.S. Treasury for repayment of U.S. debt.

For more information about EXIM, please visit www.exim.gov.