The pact, announced during a visit by US President Joe Biden to Brussels, follows a day of three summits in the European Union capital whereby leaders lambasted Russia’s invasion of Ukraine and offered fresh support to Kyiv.
“We’re coming together to reduce Europe’s dependence on Russia’s energy," Biden said. “We should not subsidise Putin’s brutal attack on Ukraine.”
The invasion by Europe’s top gas supplier has pushed already-high energy prices to records and prompted the EU to pledge to cut Russian gas use by two-thirds this year by hiking imports from other countries.
The US and other nations will increase LNGs to Europe by 15 billion cubic metres (bcm) this year. The longer-term aim would be to ensure, until at least 2030, about 50bcm per year of additional US LNG, a White House factsheet said.
Although the initiative is likely to require new facilities for importing LNG, they also geared the partnership toward reducing reliance on fossil fuels...