US to sell energy to Europe in bid to cut reliance on Russian gas

The United States will sell natural gas to the European Union as part of an overall plan to cut the continent’s dependence on Russian energy in the wake of Moscow’s invasion of Ukraine, President Biden said Friday.

The US will ship 15 billion cubic meters of liquefied natural gas to EU markets this year. The two entities also announced a joint task force that will work to reduce Europe’s reliance on Russian fossil fuels.

“Today we’ve agreed on a joint game plan for that goal, while accelerating our progress towards a secure, clean energy future,” Biden told a news conference in Brussels on Friday.

Biden added that the initiative would also seek to maximize the use of renewable energy and reduce energy demand.