The United States will supply the EU with at least 15 billion cubic meters of liquefied natural gas (LNG) more this year than last year. US president Joe Biden and Commission President Ursula von der Leyen said on Friday.
With the additional supplies, the US wants to help the countries of the European Union to become less dependent on Russian gas. Europe depends on Russia for about 40% of its gas. Canada will also supply additional LNG to Europe, but will need a little more time to do so.
The US will increase its gas supply to the EU by 15 billion cubic meters this year and expects it to increase even more in the coming years. The EU, in turn, will ensure that at least 50 billion cubic metres of LNG per year are in demand in the member states until at least 2030.
In addition, the two greats will try to reduce the demand for natural gas in the coming years. The EU’s climate plan states that natural gas use can be reduced by 15.5 billion cubic metres this year. This must be done through energy saving.
By using more renewable energy, an additional 20 billion cubic meters of gas can be saved. By 2030, 170 billion cubic meters of natural gas should be used less per year.