• $ 1.7
  • € 2.0022
  • ₽ 0.021715
  • ₺ 0.0396
  • £ 2.297

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
Azerbaijan increases AI-92 gasoline, diesel prices
Business 16:30
Azerbaijan increases AI-92 gasoline, diesel prices
Oil prices edge lower on US statistics
Business 11:30
Oil prices edge lower on US statistics
CBA currency exchange rates
Business 11:00
CBA currency exchange rates

Gold prices rise ahead of US Fed's meeting minutes release
Business 10:30
Gold prices rise ahead of US Fed's meeting minutes release

Azeri Light crude drops to $65.57 per barrel
Business 10:00
Azeri Light crude drops to $65.57 per barrel
Azerbaijan sets 2026 subsistence minimum at 300 manats
Business 17:00
Azerbaijan sets 2026 subsistence minimum at 300 manats
Excitement is rising in the Nar Lottery – the 10th car is waiting for its owner
Business 15:55
Excitement is rising in the Nar Lottery – the 10th car is waiting for its owner
Bp announces volume of oil produced so far from West Azeri platform
Business 13:00
Bp announces volume of oil produced so far from West Azeri platform
Foreign citizen detained in Georgia for illegal border crossing near Red Bridge
Business 12:30
Foreign citizen detained in Georgia for illegal border crossing near Red Bridge
Anews TV

Our official Youtube channel

Subscribe