US to Start Exporting Natural Gas to Europe Before 2020: Senator McCain

According to Republican US Senator John McCain, the US can start delivering liquefied natural gas to Europe before 2020 or earlier.

WASHINGTON, December 3 (Sputnik) – The United States can deliver natural gas to Europe, balancing energy exports away from Russia prior to 2020, Republican US Senator John McCain told Sputnik on Wednesday.

"I think we can do it before then," McCain stated when asked about US projections becoming a significant exporter nation before 2020. "We can do it a lot quicker than that," he added.

McCain further told Sputnik that he is satisfied with Bulgaria's decision not to allow the construction of the proposed South Stream pipeline project.

"I'm just glad our friends in Europe cancelled the pipeline that was going to go through Europe," he said.

In a Tuesday press release, McCain stated that his personal efforts to urge the Bulgarian government to look toward Europe to secure its energy interests and refrain from working with Russia, "were successful" and "culminated with [Russian President Vladimir] Putin's decision to forgo the pipeline project entirely."

Legislation, introduced in June by McCain and four other US senators would expedite the process of exporting American liquefied natural gas to US allies, particularly in Europe.

Currently Europe is largely dependent on Russia for energy resources. Russia remains the EU's largest source of energy imports, accounting for approximately 32 percent of EU energy imports in 2012, according to European Commission's statistics.

US-EU Energy Council welcomed the prospect of US liquefied natural gas exports to Europe to diversify supplies and further talks on a transatlantic trade deal at the meeting on Wednesday.