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Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

U.S., EU Leaders To Discuss Deal On Liquefied Natural Gas Supply

  • Posted Mar 26, 2022 09:33 by Rosahlee Bautista
  • 2028
  Aa |   aA

INTERNATIONAL: United States President Joe Biden on Thursday ,March 24, has met with European Union leaders to discuss the supply of U.S. liquefied natural gas (LNG) to the 27-member bloc for the next two winters.

The EU seeks to cut reliance on Russian fuels and hike imports from other countries, while the invasion of Ukraine by Russia, Europe's top gas supplier, pushed already-high energy prices to records.

In a draft of their summit conclusions, the leaders will agree to "work together on the joint purchase of gas, LNG and hydrogen" ahead of next winter, and coordinate measures to fill gas storage , the said moves aimed at building up a supply buffer of non-Russian gas.

Russia supplies 40 percent of the EU's collective gas needs - most of which arrives via pipelines , plus 27 percent of oil imports and 46 percent of coal imports.

Countries has remain divided on whether to sanction Russian oil and gas directly, a move already taken by the United States. An EU embargo would require unanimous approval from all 27 member states. 


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