As part of reducing Russia’s gas dependence, the European Union aims to increase LNG supplies from the US and other countries.
The European Commission will gradually increase gas imports from the United States to reduce Russia’s dependence on gas, EC representative Eric Mamer said on Thursday, March 31.
“The agreement with the United States aims to increase the amount of LNG supplied from the United States, relative to what we already have. In 2021, they discussed about 22 billion cubic meters. We expect an additional 15 billion cubic meters thanks to this agreement, which is 10% of Russia’s gas we receive each year, “he said.
The official noted that the agreement with the United States would not allow the EU to quickly achieve independence from Russia’s gas. “This is just a step in this direction and we hope that next year we will be able to move further thanks to this agreement and accumulate up to 35 billion cubic meters (additional supplies),” Mamer explained.
He recalled that the EU was in talks with international partners to diversify the ways of supplying both LNG and pipe gas.
Also, the EU is working on improving energy efficiency, developing renewable energy sources, which will help in the future reduce by two-thirds by the end of the year Russia’s gas dependence.
According to Reuters, New Fortress Energy Inc. has proposed to build the first offshore LNG export plant in the United States and launch it within 12 months.
The publication states that several onshore LNG export terminals in the United States are currently under construction. But building these giant factories could take five years or more and cost billions of dollars. New Fortress’s proposed offshore terminal will yield approximately 2.8 million tonnes per year (MTPA), which is less than a third of land-based plants.
The design of the Fast LNG plant “will allow for lower costs and faster deployment schedules,” the company said. The terminal is located in the Gulf of Mexico, 16 miles off the coast of Louisiana, and will allow tankers to moor and load directly.
Recall that today Russian President Vladimir Putin has signed a law approving a new procedure for paying for gas for “unfriendly countries.” At the same time, Europe refuses to pay for gas in rubles. Russia may stop delivery tomorrow.
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Source: korrespondent
