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US, EU ANNOUNCE NEW PARTNERSHIP TO UNDERCUT RUSSIAN ENERGY

By CHRIS MEGERIAN and CATHY BUSSEWITZ2 hours ago



1 of 6
President Joe Biden delivers a statement with European Commission President
Ursula von der Leyen about the Russian invasion of Ukraine, at the U.S. Mission
in Brussels, Friday, March 25, 2022, in Brussels. (AP Photo/Evan Vucci)

BRUSSELS (AP) — The United States and European Union on Friday announced a new
partnership to reduce the continent’s reliance on Russian energy, a step top
officials characterized as the start of a years-long initiative to further
isolate Moscow after its invasion of Ukraine.

U.S. President Joe Biden asserted that Russian President Vladimir Putin uses
energy to “coerce and manipulate his neighbors” and uses the profits from its
sale to “drive his war machine.”

Biden said the partnership he announced jointly with a top European Union
official will turn that dynamic on its head by reducing Europe’s dependence on
Russian energy sources, as well reducing the continent’s demand for gas overall.

The president said such a step is not “only the right thing to do from a moral
standpoint” but “it’s going to put us on a stronger strategic footing.”

Under the plan, the U.S. and other nations will increase liquified natural gas
exports to Europe by 15 billion cubic meters this year, though U.S. officials
were unable to say exactly which countries will provide the extra energy this
year. Even larger shipments would be delivered in the future. .

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At the same time, they will try to keep their climate goals on track by powering
gas infrastructure with clean energy and reducing methane leaks that can worsen
global warming.

Although the initiative will likely require new facilities for importing
liquified natural gas, the partnership is also geared toward reducing reliance
on fossil fuels in the long run through energy efficiency and alternative
sources of energy, according to the White House.

Ursula von der Leyen, head of the EU’s executive arm, said it is important for
Europe to shift away from Russia and toward energy suppliers that are
trustworthy, friendly and reliable.

“We aim to reduce this dependence on Russian fossil fuels and get rid of it,”
she said.

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.



Biden was leaving Brussels after the announcement and heading to Rzeszów in
Poland, where U.S. troops are based roughly an hour’s drive from the Ukrainian
border.

He will be briefed on the humanitarian response to the refugees streaming out of
Ukraine and those still suffering inside the country. He also will meet with
U.S. service members from the 82nd Airborne Division, who serve alongside Polish
troops.

Biden is then expected to fly to Warsaw for talks Saturday with Polish President
Andrzej Duda and an address to the Polish people before he departs for
Washington.

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While in Brussels, Biden participated in a trio of summits hosted by NATO, the
Group of Seven industrialized nations and the European Union, all on Thursday.
The extraordinary series of meetings reflects heightened concerns about the war
in Ukraine, which has entered its second month.

Although Ukraine has resisted the Russian invasion much more successfully than
initially expected, the conflict has become a grueling and bloody affair, with
thousands of casualties on each side and millions of refugees fleeing the
country.

Western leaders are also concerned that Russian President Vladimir Putin could
use chemical or even nuclear weapons to regain momentum in the war.

Getting more liquefied natural gas to Europe could be difficult, even though the
U.S. has been dramatically increasing its exports in recent years. Many export
facilities are already operating at capacity, and most new terminals are still
only in the planning stages.

Most U.S. shipments already go to Europe, according to the Center for Liquefied
Natural Gas, an industry lobbying group. Although much of the supply is already
contracted out to buyers, there are still opportunities to shift its
destination.

“The U.S. is in a unique position because it has flexible LNG that can be
rerouted to Europe or to Asia, depending on who’s willing to pay that price,”
said Emily McClain, gas markets analyst at Rystad.

Even if the U.S. can ship more gas to Europe, the continent may struggle to
receive it. Import terminals are located in coastal areas, where there are fewer
pipeline connections for distributing it.

And if all Europe’s facilities were operating at capacity, the amount of gas
would likely be only about two-thirds of what Russia delivers through pipelines.

___

Bussewitz reported from New York. Associated Press writer Darlene Superville in
Washington contributed to this report.

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