US confirms increase in EU supplies of liquefied natural gas

The United States aims to supply at least 15 billion cubic meters of additional liquefied natural gas to the EU market this year, along with other suppliers around the world, as Washington and Brussels push ahead with efforts to limit the spread of gas. dependent on Russian energy.

The pledge came as US President Joe Biden met Ursula von der Leyen, President of the EU Commission, on Friday morning in Brussels during the second day of the campaign. his trip to Europe to rally allies to remain united in the face of the Ukraine war.

Commitment of the United States, confirmed a report of the Financial Times on Thursday, did not specify whether the additional LNG volume would come directly from the United States or from other countries, highlighting the difficulty of rapidly increasing capacity and shifting contracts in the energy market.

However, the US said it expected to further increase its 15 billion cubic meter target in the future, according to a fact sheet released by the White House.

The agreement includes the EU’s commitment to secure demand for approximately 50 billion cubic meters of additional LNG per year from the US, while remaining consistent with carbon reduction targets and understanding that prices should reflect fundamentals. of the market in the long run.

“The United States and the European Commission will undertake efforts to reduce the greenhouse gas intensity of all new LNG infrastructure and associated pipelines, including through the use of clean energy to provide power on-site operations, reduce methane leaks and build readiness for clean and renewable hydrogen, the White House said.

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