• $ 1.7
  • € 2.012
  • ₽ 0.022055
  • ₺ 0.0391
  • £ 2.3318

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 reports over 2B manats in tax revenues in January
Business 17:00
Azerbaijan reports over 2B manats in tax revenues in January
Scale beyond the limits: affordable microcredit up to 100,000 AZN
Business 16:00
Scale beyond the limits: affordable microcredit up to 100,000 AZN
Number of unique bank depositors in Azerbaijan nears 200,000
Business 18:00
Number of unique bank depositors in Azerbaijan nears 200,000
Azerbaijanis lose interest in the dollar
Business 17:30
Azerbaijanis lose interest in the dollar
Central Bank of Azerbaijan to Regulate Pawnshop and Leasing Sectors in 2026
Business 16:32
Central Bank of Azerbaijan to Regulate Pawnshop and Leasing Sectors in 2026
New Birbank Biznes tariffs for entrepreneurs: Minimize your expenses
Business 16:28
New Birbank Biznes tariffs for entrepreneurs: Minimize your expenses
Central bank governor says policy rate impact on deposits and loans is strengthening
Business 15:35
Central bank governor says policy rate impact on deposits and loans is strengthening
SOFAZ fulfils part of budget obligation in U.S. dollars
Business 15:00
SOFAZ fulfils part of budget obligation in U.S. dollars
Central bank forecasts GDP growth of 2.4% in 2026 and 2.9% in 2027
Business 14:30
Central bank forecasts GDP growth of 2.4% in 2026 and 2.9% in 2027
Anews TV

Our official Youtube channel

Subscribe