US, EU reach agreement to reduce dependence on Russian gas
The agreement was announced during the visit of US President Joe Biden to Brussels, Belgium today.
Accordingly, the US will make efforts to supply Europe with an additional 15 billion m3 of liquefied natural gas this year and will continue to increase in the coming years.
The longer-term goal of the agreement is to secure about 50 billion cubic meters of liquefied natural gas from the US to the EU each year, at least until 2030.
Currently, Europe is dependent on gas to Russia, Russia will supply 155 billion m3 of gas to the EU in 2021, accounting for about 40% of demand.
Responding to Russia’s military action in Ukraine, the EU has decided to cut its use of gas imports from Russia by two-thirds this year by increasing imports from other countries and rapidly developing renewable energy. create.
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