US, Europe Closing In On Deal That Will Slash Dependence on Russian Energy

The United States and Europe are close to finalizing a deal aimed at cutting Europe’s dependence on Russia for energy supplies, and is expected to announce a plan on Friday.

U.S. national security adviser Jake Sullivan told reporters on Wednesday that Washington will seek ways to find alternative suppliers of natural gas for Europe in the coming weeks.

Instead of seeking sanctions on Russia’s lucrative energy industry, the U.S. and its allies are working on both short-term and long-term solutions to slash European demand for Russian oil and gas.

“A major priority for both the President and his European allies is to reduce the dependence of Europe on Russian gas,” said Sullivan.

Washington’s plan includes diverting American supplies of liquefied natural gas (LNG) to Europe, Sullivan said, without providing further details.

Sullivan mentioned that European Commission President Ursula von der Leyen will announce more details on the subject on Friday.

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