{"id":102495,"date":"2022-03-26T08:12:58","date_gmt":"2022-03-26T13:12:58","guid":{"rendered":"https:\/\/PERSIAN-HERITAGE.COM\/?p=102495"},"modified":"2022-03-26T08:12:58","modified_gmt":"2022-03-26T13:12:58","slug":"eu-signs-us-gas-deal-to-curb-reliance-on-russia","status":"publish","type":"post","link":"https:\/\/PERSIAN-HERITAGE.COM\/en\/2022\/03\/26\/eu-signs-us-gas-deal-to-curb-reliance-on-russia\/","title":{"rendered":"EU signs US gas deal to curb reliance on Russia"},"content":{"rendered":"<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\"><b class=\"ssrcss-hmf8ql-BoldText e5tfeyi3\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-102496 alignleft\" src=\"https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2022\/03\/Gas-Tanker-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2022\/03\/Gas-Tanker-300x200.jpg 300w, https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2022\/03\/Gas-Tanker-150x100.jpg 150w, https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2022\/03\/Gas-Tanker.jpg 600w, https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2022\/03\/Gas-Tanker-24x16.jpg 24w, https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2022\/03\/Gas-Tanker-36x24.jpg 36w, https:\/\/PERSIAN-HERITAGE.COM\/wp-content\/uploads\/2022\/03\/Gas-Tanker-48x32.jpg 48w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>BBC \u2014 The US and the EU have announced a major deal on liquified natural gas, in an attempt to reduce Europe&#8217;s reliance on Russian energy.<\/b><\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The agreement will see the US provide the EU with extra gas, equivalent to around 10% of the gas it currently gets from Russia, by the end of the year.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The bloc has already said it will cut Russian gas use in response to Russia&#8217;s invasion of Ukraine.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Russia currently supplies about 40% of the EU&#8217;s gas needs.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The new deal will involve the US and other countries supplying an extra 15 billion cubic metres of gas on top of last year&#8217;s 22 billion cubic metres.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The new total will represent around 24% of the gas currently imported from Russia.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The eventual aim is for the US and international partners to provide about 50 billion cubic metres per year to the EU.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Cutting reliance on Russia will mean generating more renewable energy and improving energy efficiency as well as increasing imports.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"unordered-list-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<div class=\"ssrcss-1o5f7ft-BulletListContainer e5tfeyi0\">\n<ul role=\"list\">\n<li><a class=\"ssrcss-1gfaiii-InlineLink e1no5rhv0\" href=\"https:\/\/www.bbc.co.uk\/news\/58888451\">Ukraine war: How reliant is the world on Russia for oil and gas?<\/a><\/li>\n<li><a class=\"ssrcss-1gfaiii-InlineLink e1no5rhv0\" href=\"https:\/\/www.bbc.co.uk\/news\/business-58090533\">Why are gas bills so high and what&#8217;s the energy price cap?<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The deal was announced on Friday during a three-day visit by US President Joe Biden to Brussels.<\/p>\n<div class=\"teads-inread sm-screen\">\n<div><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Mr Biden and European Commission President Ursula von der Leyen discussed Russia&#8217;s invasion of Ukraine and offered fresh support to Kyiv.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">&#8220;Putin is using Russia&#8217;s energy resources to coerce and manipulate its neighbours,&#8221; Mr Biden told reporters in Brussels. &#8220;He&#8217;s used the profits to drive his war machine.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">He said the long term benefits of the deal would outweigh the short term pain that reducing Russian gas supplies would cause.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">&#8220;I know that eliminating Russian gas will have costs for Europe, but it&#8217;s not only the right thing to do from a moral standpoint, it&#8217;s going to put us on a much stronger strategic footing.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">President von der Leyen said: &#8220;We want, as Europeans, to diversify away from Russia towards suppliers that we trust that are friends and that are reliable.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">She pointed out that the target 50 billion cubic metres per year &#8220;is replacing one-third already of the Russian gas going to Europe today. So we are right on track now to diversify away from Russian gas.&#8221;<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<div class=\"ssrcss-18mjolk-ComponentWrapper e1xue1i810\" data-component=\"image-block\">\n<figure class=\"ssrcss-wpgbih-StyledFigure e34k3c23\">\n<div class=\"ssrcss-ab5fd8-StyledFigureContainer e34k3c21\"><span class=\"ssrcss-1exovz1-Placeholder e16icw910\"><img loading=\"lazy\" decoding=\"async\" class=\"ssrcss-1drmwog-Image ee0ct7c0\" src=\"https:\/\/ichef.bbci.co.uk\/news\/640\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 240w, https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 320w, https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 480w, https:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 624w, https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 800w, https:\/\/ichef.bbci.co.uk\/news\/976\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 976w\" alt=\"2px presentational grey line\" width=\"640\" height=\"2\" \/><\/span><\/div>\n<\/figure>\n<\/div>\n<div class=\"ssrcss-18mjolk-ComponentWrapper e1xue1i810\" data-component=\"image-block\">\n<figure class=\"ssrcss-wpgbih-StyledFigure e34k3c23\">\n<div class=\"ssrcss-ab5fd8-StyledFigureContainer e34k3c21\"><span class=\"ssrcss-13t93ir-Placeholder e16icw910\"><img decoding=\"async\" class=\"ssrcss-1drmwog-Image ee0ct7c0\" src=\"https:\/\/ichef.bbci.co.uk\/news\/1536\/cpsprodpb\/361C\/production\/_112825831__109356200_theoleggett_tr-nc.png\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/361C\/production\/_112825831__109356200_theoleggett_tr-nc.png 240w, https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/361C\/production\/_112825831__109356200_theoleggett_tr-nc.png 320w, https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/361C\/production\/_112825831__109356200_theoleggett_tr-nc.png 480w, https:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/361C\/production\/_112825831__109356200_theoleggett_tr-nc.png 624w, https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/361C\/production\/_112825831__109356200_theoleggett_tr-nc.png 800w, https:\/\/ichef.bbci.co.uk\/news\/976\/cpsprodpb\/361C\/production\/_112825831__109356200_theoleggett_tr-nc.png 976w\" alt=\"Analysis box by Theo Leggett, business correspondent\" width=\"1536\" height=\"306.11957796014065\" \/><\/span><\/div>\n<\/figure>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The EU gets 40% of its gas from Russia. If it&#8217;s to wean itself off that dependency, it needs to get its energy elsewhere.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The question is, where from?<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Gas is already piped from Norway &#8211; but those pipelines are already operating at maximum capacity. The EU gets relatively little from the North Sea.<\/p>\n<\/div>\n<\/div>\n<div id=\"piano-inline3\"><\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">New supplies will have to come from further afield, in the form of LNG &#8211; gas that&#8217;s been chilled and liquified.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">But there&#8217;s already intense competition for LNG supplies from countries such as Algeria and Qatar, and that&#8217;s been pushing up prices.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The 50 billion cubic metres of gas a year from the US &#8211; more than double the current quantity &#8211; would certainly be welcome.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">But it still wouldn&#8217;t fill the gap if Russian supplies were removed.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">There are also question marks over how much gas the US can supply, how quickly it can increase exports to the EU &#8211; and how much those shipments will cost.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The EU has been enjoying cheap gas for many years &#8211; but now it seems to have accepted that era is coming to an end.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-18mjolk-ComponentWrapper e1xue1i810\" data-component=\"image-block\">\n<figure class=\"ssrcss-wpgbih-StyledFigure e34k3c23\">\n<div class=\"ssrcss-ab5fd8-StyledFigureContainer e34k3c21\"><span class=\"ssrcss-1exovz1-Placeholder e16icw910\"><img loading=\"lazy\" decoding=\"async\" class=\"ssrcss-1drmwog-Image ee0ct7c0\" src=\"https:\/\/ichef.bbci.co.uk\/news\/640\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 240w, https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 320w, https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 480w, https:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 624w, https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 800w, https:\/\/ichef.bbci.co.uk\/news\/976\/cpsprodpb\/1226D\/production\/_105894347_grey_line-nc.png 976w\" alt=\"2px presentational grey line\" width=\"640\" height=\"2\" \/><\/span><\/div>\n<\/figure>\n<\/div>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The EU gets 40% of its gas from Russia. If it&#8217;s to wean itself off that dependency, it needs to get its energy elsewhere.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The question is, where from?<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Gas is already piped from Norway &#8211; but those pipelines are already operating at maximum capacity. The EU gets relatively little from the North Sea.<\/p>\n<\/div>\n<\/div>\n<div id=\"piano-inline3\"><\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">New supplies will have to come from further afield, in the form of LNG &#8211; gas that&#8217;s been chilled and liquified.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">But there&#8217;s already intense competition for LNG supplies from countries such as Algeria and Qatar, and that&#8217;s been pushing up prices.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The 50 billion cubic metres of gas a year from the US &#8211; more than double the current quantity &#8211; would certainly be welcome.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">But it still wouldn&#8217;t fill the gap if Russian supplies were removed.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">There are also question marks over how much gas the US can supply, how quickly it can increase exports to the EU &#8211; and how much those shipments will cost.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The EU has been enjoying cheap gas for many years &#8211; but now it seems to have accepted that era is coming to an end.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Russia&#8217;s war with Ukraine has helped push energy prices to record highs.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Energy prices were already rising before the invasion as economies started to recover from the Covid crisis.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The Ukraine invasion prompted the EU to pledge to cut Russian gas use by two-thirds this year by hiking imports from other countries and boosting renewable energy.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-18mjolk-ComponentWrapper e1xue1i810\" data-component=\"image-block\">\n<figure class=\"ssrcss-wpgbih-StyledFigure e34k3c23\">\n<div class=\"ssrcss-ab5fd8-StyledFigureContainer e34k3c21\"><span class=\"ssrcss-1e8ctqs-Placeholder e16icw910\"><img loading=\"lazy\" decoding=\"async\" class=\"ssrcss-1drmwog-Image ee0ct7c0\" src=\"https:\/\/ichef.bbci.co.uk\/news\/1024\/cpsprodpb\/6233\/production\/_123893152_natural_gas_imports_eu_2020_640_v2-2x-nc.png\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/6233\/production\/_123893152_natural_gas_imports_eu_2020_640_v2-2x-nc.png 240w, https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/6233\/production\/_123893152_natural_gas_imports_eu_2020_640_v2-2x-nc.png 320w, https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/6233\/production\/_123893152_natural_gas_imports_eu_2020_640_v2-2x-nc.png 480w, https:\/\/ichef.bbci.co.uk\/news\/624\/cpsprodpb\/6233\/production\/_123893152_natural_gas_imports_eu_2020_640_v2-2x-nc.png 624w, https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/6233\/production\/_123893152_natural_gas_imports_eu_2020_640_v2-2x-nc.png 800w, https:\/\/ichef.bbci.co.uk\/news\/976\/cpsprodpb\/6233\/production\/_123893152_natural_gas_imports_eu_2020_640_v2-2x-nc.png 976w\" alt=\"map re Russian gas.\" width=\"1024\" height=\"896\" \/><\/span><\/div>\n<\/figure>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The White House said that greater energy efficiency can be immediately achieved through increasing the use of smart thermostats and heat pumps.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The EU said that reductions through energy savings in homes can replace 15.5 billion cubic metres this year and that accelerating wind and solar deployment can replace 20 billion cubic metres.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The EU&#8217;s goal is to save 170 billion cubic metres by 2030 through energy efficiency and by using renewable energy.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">That 170 billion on top of the planned 50 billion of additional gas from the US and other countries means Europe&#8217;s reliance on Russian gas could be replaced by 2030.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-dm4ypg-ComponentWrapper-HeadlineComponentWrapper e1xue1i89\" data-component=\"subheadline-block\">\n<h2 id=\"Russia-sanctions\" class=\"ssrcss-y2fd7s-StyledHeading e1fj1fc10\" tabindex=\"-1\"><span role=\"text\">Russia sanctions<\/span><\/h2>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">In response to Russia&#8217;s invasion of Ukraine, the US is banning all Russian oil and gas imports and the UK will phase out Russian oil imports by the end of 2022.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The EU has said it will switch to alternative supplies and make Europe independent from Russian energy &#8220;well before 2030&#8221;.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Germany has put on hold permission for the Nord Stream 2 gas pipeline from Russia to open.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Meanwhile in the UK petrol prices have hit record highs as oil and gas costs soar.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-uf6wea-RichTextComponentWrapper e1xue1i86\" data-component=\"text-block\">\n<div class=\"ssrcss-7uxr49-RichTextContainer e5tfeyi1\">\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Oil jumped to $139 a barrel at one point earlier this month, the highest level for almost 14 years, while wholesale gas prices for next-day delivery more than doubled.<\/p>\n<\/div>\n<\/div>\n<div class=\"ssrcss-5i1hhv-LinksComponentWrapper e1xue1i83\" data-component=\"links-block\">\n<section class=\"ssrcss-msolhr-LinksWrapper e3eyuya4\">\n<div class=\"ssrcss-1lqqmgw-LinksHeadingWrapper e3eyuya3\"><\/div>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BBC \u2014 The US and the EU have announced a major deal on liquified natural gas, in an attempt to reduce Europe&#8217;s reliance on Russian energy. The agreement will see the US provide the EU with extra gas, equivalent to around 10% of the gas it currently gets from Russia, by the end of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":102496,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[10],"tags":[],"class_list":["post-102495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latests"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"en","enabled_languages":["fa","en"],"languages":{"fa":{"title":true,"content":true,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts\/102495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/comments?post=102495"}],"version-history":[{"count":2,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts\/102495\/revisions"}],"predecessor-version":[{"id":102498,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/posts\/102495\/revisions\/102498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/media\/102496"}],"wp:attachment":[{"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/media?parent=102495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/categories?post=102495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/PERSIAN-HERITAGE.COM\/en\/wp-json\/wp\/v2\/tags?post=102495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}