US to sign deal with EU to replace Russian gas imports
European Commission aims to replace Russian gas by 2022
By Ishika Dangayach
Published - Mar 25, 2022, 10:01 AM ET
Last Updated - Feb 20, 2024, 12:31 PM EST
Biden and von der Leyen to announce deal Friday morning
President Biden and the European Union announced that the EU will import more natural gas from the United States to reduce the EU's dependence on Russian fuels.
"We are taking further, concrete steps in our energy cooperation to ensure the security of supply and to reduce dependence on Russian fossil fuels," US President Biden and European Commission President Ursula von der Leyen said in a joint statement on Thursday in Brussels.