President Joe Biden will meet with Ursula von der Leyen, president of the European Commission, Friday to discuss the issue.
Earlier this week, Von der Leyen said “we are aiming at having a commitment for additional supplies for the next two winters.” And Jake Sullivan, Biden’s national security adviser, recently told reporters that the administration wants to quickly “surge” gas to Europe.Russian energy is a key source of income and political leverage for Moscow. Almost 40% of the European Union’s natural gas comes from Russia to heat homes, generate electricity and power industry.
Biden is then expected to fly to Warsaw for talks Saturday with Polish President Andrzej Duda. Biden also plans to give a speech in Poland before departs for Washington.hosted by NATO, the Group of Seven industrialized nations and the European Union, all on Thursday. The extraordinary series of meetings reflects heightened concerns about the war in Ukraine, which has entered its second month.U.S.
Getting more liquefied natural gas to Europe could be difficult, even though the U.S. 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. “The U.S. is in a unique position because it has flexible LNG that can be rerouted to Europe or to Asia, depending on who’s willing to pay that price,” said Emily McClain, gas markets analyst at Rystad.
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