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EU to Buy U.S. LNG and Boost Renewables to Replace Russian Gas

OilPrice.com Friday, 21 February 2025 ()
The European Union will look to import more LNG from the United States and other countries and accelerate the rollout of renewable energy as it seeks to replace the Russian gas supply and cut its gas dependence, European Energy Commissioner Dan Jørgensen told Reuters.  “Instead of using taxpayers' money, citizens' money, to pay for gas where the revenue goes into Putin's war chest, we need to make sure that we produce our own energy,” Jørgensen said in a joint media interview.   To reduce the overall reliance…
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