Russia-Ukraine war news: live announcements

Brussels – The United States and the European Commission on Friday announced a new joint working group to reduce Europe’s confidence in Russia’s fossil fuels as the West expects Russia to punish more for its aggression against Ukraine.

President Biden and European Commission President Ursula von der Leyen said the working group would work to ensure energy security in Ukraine and the EU.

The White House says the United States will work to ensure at least 15 billion cubic meters of liquefied national gas for the European market by 2022, while increasing the amount in the coming years.

The task force will be chaired by a representative of the White House and the President of the European Commission.

Partners will also take steps to diversify LNG supplies to suit their climate goals, including reducing the greenhouse gas intensity of the new LNG infrastructure. The partners will work to reduce the demand for natural gas in the long run, including expediting planning and approval for renewable energy projects.

Biden’s national security adviser Jake Sullivan said on Wednesday that helping Europe reduce its reliance on Russia was a “top priority” and that the United States was already diverting cargo to increase gas supplies to Europe.

The rest of Europe Russia is heavily dependent on gas exports To strengthen its economy with Russian energy of 70 or 80 percent of the fuel supply in some Eastern European countries. The European Commission proposed plans to cut Russia’s gas imports by two-thirds earlier this month, but the move remains ambitious amid logistical challenges to diversify Europe’s energy resources.

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Most experts believe that Europe is years away from becoming dependent on renewable energy production, which creates short-term demand for traditional energy sources. US production of LNG – which can be sent because natural gas is so smallly refrigerated – has emerged as an obvious potential suspension, but it is difficult to obtain enough LNG to make up for the dramatic drop in Russian energy production.

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