So what does this mean for investors? And what else do you need to know?

One important thing to note is that it is not entirely clear where these 15 billion cubic meters of LNG will come from. As Bloomberg reports, they could come from diverting LNG exports from other regions. Another option is that additional sources of production could come online and help supply the E.U. The current supply deal calls for the European bloc to take in 50 billion cubic meters of American LNG between now and 2030.

In recent weeks, the U.S. has contacted a number of its allies with large natural gas reserves, including Qatar and Israel, in an effort to convince them to increase their exports to Europe.

For its part, the E.U. has said that it has sufficient reserves of natural gas to heat all of its citizens until the weather in Europe turns warm later this year.

What Is Happening With Liquefied Natural Gas Stocks?

Right now, there is a lot of uncertainty in terms of where Europe will get its energy in the future. This supply deal sheds some light, but also opens some new questions.

For right now though, the supply-demand calculation is driving natural gas prices up and has been lifting liquified natural gas stocks.  Cheniere Energy (NYSEMKT:LNG), whose facilities enable natural gas to be exported from the U.S., is up nearly 4%. Cheniere Energy Partners (NYSEMKT:CQP), a subsidiary of Cheniere Energy, is also up nearly 4%. Tellurian (NYSEMKT:TELL), which owns land that contains natural gas and is developing a natural gas export facility, jumped 15% to $5.60, while Golar LNG (NASDAQ:GLNG), which offers LNG shipping services, is up 7%.

On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article.  The opinions expressed in this article are those of the writer, subject to the  InvestorPlace.com  Publishing Guidelines.