• $
  • £

Media: US to send 15 bcm of gas to Europe

Media: US to send 15 bcm of gas to Europe
25.03.2022 16:00
The US is finalizing a plan to supply the EU with up to 15bn additional cubic meters of liquefied natural gas by the end of 2022, according to three people familiar with the matter, reported from the Financial Times.

The agreement aims to help the EU reduce its dependence on natural gas from Russia, with the bloc racing to curb Russian imports by two-thirds this year.

LNG deliveries from the US would go towards a goal, set by the EU this month, of replacing 50bn cm of gas currently supplied by Russia with alternative supplies. In 2021, the US supplied Europe with 22bn cm, according to EU data.

Joe Biden, US president, and Ursula von der Leyen, European Commission president, hope to announce the agreement on March 25 morning. 

A European Commission official said the plan with the US would focus on ensuring security of supply for the EU in the short term, as well as boosting production in the US in the medium term and landing on measures to limit consumption. This would involve "concrete” figures for shipments of LNG to the EU, the official added.





www.anews.az
Similar news
Similar news
Erlan Aqkenjenov: Kazakhstan plans to export 1.5 to 2.2 M tons of oil via BTC
Business 17:00
Erlan Aqkenjenov: Kazakhstan plans to export 1.5 to 2.2 M tons of oil via BTC
Azerbaijan increases investment in Georgia
Business 13:30
Azerbaijan increases investment in Georgia

Relative decline observed in crypto market
Business 10:30
Relative decline observed in crypto market
EIA releases oil production forecast for Azerbaijan for 2027
Business 10:00
EIA releases oil production forecast for Azerbaijan for 2027
Bank ABB’s new AI assistants - AI-nur and AI-khan -
are now available to everyone!
Business 13:30
Bank ABB’s new AI assistants - AI-nur and AI-khan - are now available to everyone!
Доходы госбюджета Азербайджана превысили 6,3 млрд манатов
Business 13:20
Доходы госбюджета Азербайджана превысили 6,3 млрд манатов
Average monthly salary in Baku up 9%
Business 12:30
Average monthly salary in Baku up 9%
Gold and silver prices rise in commodity markets
Business 10:30
Gold and silver prices rise in commodity markets
Azerbaijani oil price exceeds $103
Business 09:30
Azerbaijani oil price exceeds $103
Anews TV

Our official Youtube channel

Subscribe