The Biden administration and European Union are close to a deal aimed at slashing Europe’s dependence on Russian energy sources, SİA informs referring to Bloomberg.
President Joe Biden’s national security adviser, Jake Sullivan, said that an agreement would be announced as soon as March 25. It’s intended to ensure supplies of American natural gas and hydrogen for Europe, according to an official familiar with the plans.
“A major priority for both the president and his European allies is to reduce the dependence of Europe on Russian gas, full stop, and the practical road map for how to do that - what steps have to be taken, what the United States can contribute, what Europe has to do itself,” Sullivan told reporters aboard Air Force One on March 23.
He suggested the focus would be on diversifying European supplies of natural gas. “You can expect that the US will look for ways to increase LNG supplies, surge LNG supplies to Europe, not just over the course of years, but over the course of months as well,” he said.
It’s unlikely the US will guarantee specific amounts of gas supplies to the EU, the official familiar with the plan said, and it’s unclear how the arrangement would work or whether it would include an agreement on pricing.
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