US and EU announce new partnership to undercut Russian energy

Russian energy is a key source of income and political leverage for Moscow. Almost 40% of the European Union’s natural gas comes from Russia to heat homes, generate electricity and power industry

The US and other nations will increase liquified natural gas exports to Europe by 15 billion cubic metres this year (Yui Mok/PA)

The United States and European Union on Friday announced a new partnership to reduce the continent’s reliance on Russian energy, the start of a years-long initiative to further isolate Moscow after its invasion of Ukraine.

As part of the plan, the US and other nations will increase liquified natural gas exports to Europe by 15 billion cubic metres this year, the White House said. Even larger shipments would be delivered in the future.