The European Union and the United States will intensify energy cooperation in full tension with Russia

Ursula von der Leyen and Joe Biden have stressed in a joint statement that they will try to “avoid supply crises” as well as “accelerate the transition from fossil fuels to clean energy.”

The President of the European Commission, Ursula von der Leyen, and the President of the United States, Joe Biden, have committed this Friday to step up energy cooperation to ensure security of supply in the midst of the conflict with Russia on behalf of Ukraine.

In a joint declaration, both leaders have stressed that “we will work together so that citizens and companies in the EU and its neighbors have reliable and affordable energy supplies”.

They assure that their objective is “to achieve a continuous, sufficient and timely supply of natural gas to the EU from various sources around the world to avoid supply crisis, including those that could result from a new Russian invasion of Ukraine”.

“Current challenges to European security underscore our commitment to speed up and manage carefully the transition from fossil fuels to clean energy”, both remark in the statement, referring to the growing tension between Russia and NATO over Ukraine.

Brussels and Washington assure that they share the objective of “ensure Ukraine’s energy security” and the “progressive integration” of Kiev in the EU gas and electricity markets.

In this sense, Von der Leyen and Biden recall that the United States “is already the largest supplier of liquefied natural gas to the EU”, as well as that Brussels and Washington collaborate “with governments and market operators in the supply of additional volumes of gas to Europe from various sources around the world”.

41% of natural gas imports to the community bloc come from Russia, according to Eurostat data for 2019, followed by Norway (16%), Algeria (8%) and Qatar (5%).

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