EU strikes gas deal with the U.S. as it seeks to cut its reliance on Russia
The U.S. said Friday it will work with international partners to provide at least 15 billion cubic meters more of liquified natural gas to Europe this year, seeking to end the bloc’s dependence on Russian energy exports following the Kremlin’s invasion of Ukraine.
These additional volumes of LNG are expected to increase going forward, the White House said in a statement.
It comes amid heightened concern that energy-importing countries continue to top up President Vladimir Putin’s war chest with oil and gas revenue on a daily basis.
U.S. President Joe Biden described the agreement...