The US and the EU will soon jointly look for new opportunities to limit the Russian Federation's income from energy supplies that allow it to finance the war against Ukraine. This is stated in a joint statement by US President Joe Biden and European Commission President Ursula von der Leyen..
Leaders stressed that Russia continues to use natural gas as a political and economic weapon.
“Russia’s energy coercion has put pressure on energy markets, raised consumer prices and threatened global energy security.. Recently, this has been demonstrated by politically motivated acute interruptions in the supply of gas to a number of European Union member states.. These actions only highlight the importance of the work being done by both the United States and the European Commission to end our dependence on Russian energy,” the document says..
In the coming months, leaders will work to find new ways to further cut Russia's energy revenues..
In the near future, according to Biden and von der Leyen, an ad hoc working group on European energy security will meet with member states and stakeholders to discuss practical recommendations to accelerate the deployment and production of smart thermostats and heat pumps, as well as to ensure the generation of key solutions. This year it is planned to introduce at least 1.5 million energy-efficient smart thermostats in European households.
In addition, world leaders are actively working to diversify energy supplies to Europe.
“While Russia has cut natural gas supplies to several EU member states, the United States and other producers have stepped up.
Since March, global liquefied natural gas (LNG) exports to Europe have grown by 75 percent compared to 2021, while US LNG exports to Europe have nearly tripled..
At the same time, Biden and von der Leyen acknowledged that the scale of the challenge is significant..
As previously reported, work continues on the seventh package of sanctions in the West..
Ukraine submitted its proposals to the EU on the seventh package of sanctions.
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