1464327400_RQFBJB_Deepak-Fertilisers870.jpg 
Under the new plan, the US and other nations will increase liquified natural gas exports to Europe by 15 billion cubic metres this year, the White House said, adding that even larger shipments would be delivered in the future
Photo Credit :
The US and European Union on Friday announced a new partnership to reduce the bloc's reliance on Russian energy, in a bid to further isolate Moscow after its invasion of Ukraine.
Under the new plan, the US and other nations will increase liquified natural gas exports to Europe by 15 billion cubic metres this year, the White House said, adding that even larger shipments would be delivered in the future.
Gas infrastructure would be powered with clean energy and target reducing methane leaks that can worsen global warming.
Russian energy is a key source of income and political leverage for Moscow.
Almost 40 per cent of the European Union's natural gas comes from Russia to heat homes, generate electricity and power industry.
Although the initiative will likely require new facilities for importing liquified natural gas, the partnership is also geared toward reducing reliance on fossil fuels in the long run through energy efficiency and alternative sources of energy, according to the White House.
Getting more liquefied natural gas to Europe could be difficult, even though the US has been dramatically increasing its exports in recent years.
Many export facilities are already operating at capacity, and most new terminals are still only in the planning stages.
(With inputs from AP)