U.S. President Biden and European Leaders, announce a Major Initiative to Direct Shipments of Liquefied Natural Gas (LNG) to Europe, during his Visit to Brussels, part of a broader effort to help Reduce Europe’s Dependence on Russian Energy.
The announcement, a dramatic effort to deprive Russia of Leverage as it continues to Fight in Ukraine, would mark an unusual move to Reorder the World’s Energy Flow, a shift that could have an impact long after the war is over. It comes as European Officials have asked the U.S. to do more to help them cut their reliance on Russia for Oil and LNG.
Biden is also expected to use his stop in Brussels, on Thursday and Friday, where he is meeting with NATO, the Group of Seven, and the European Council, to announce additional Sanctions against Moscow, as well as a Crackdown on Evasions of the current Sanctions.
The Sanctions will hit numerous Members of Russia’s Parliament, Defense Companies, and Subsidiaries, and additional Sectors of its Economy. Planning was Fluid and subject to Change.
Taken together, the expected Actions, by America and Europe, amount to an Escalation of the sweeping push by a U.S.-led Coalition of Democracies to Punish and deter Russia as it pursues its War against Ukraine. The past Four weeks have seen a nearly unprecedented Coalescence of Democratic Countries to impose Costs on a belligerent Foe and provide Aid to its Victim.
The Initiative to ship LNG, whose details have yet to be Finalized, will come Friday, when Biden meets with European Commission President Ursula von der Leyen in Brussels before departing for Poland.
Speaking to European Union Lawmakers in Brussels, on Wednesday, von der Leyen said, that All E.U. Members “can contribute in reducing our dependency on Russian gas” and said it was a topic she planned to take up with Biden on the First day of his Visit Thursday.
“Tomorrow, I will discuss with President Biden how to prioritize LNG deliveries from the United States to the European Union in the coming months,” von der Leyen said. “We are aiming at having a commitment for additional supplies for the next two winters.”
Jake Sullivan, Biden’s National Security Adviser, said Wednesday, that Biden would make an Announcement Friday with the European Commission, the E.U.’s Executive body, regarding efforts to Reduce Reliance on Russian Energy. “I think you can expect that the U.S. will look for ways to increase LNG supplies — surge LNG supplies to Europe — not just over the course of years, but over the course of months as well,” Sullivan told reporters aboard Air Force One. “Of course, that amount will grow over time.” Sullivan said the Goal of helping Europe Reduce its Reliance on Russia is “a major priority,” adding that the U.S. is already Diverting Cargoes to Increase the Supply of LNG to Europe.
The United Kingdom soon announced Sanctions against Abramovich and Six other Russian Oligarchs, seeking to isolate powerful figures close to Putin. Their Assets in the United Kingdom would be Frozen, British Officials said, and the Oligarchs would be Banned from traveling to the United Kingdom or doing business with any British Citizen or Company. The European Union also imposed Sanctions on Abramovich last week.
“There’s an immediate need to make sure in coming winters Europe can keep the lights and heat on without as much Russian gas or none at all, and that can’t be done with renewables alone,” said Jason Bordoff, Founder and Director of Columbia University’s Center on Global Energy Policy. “Europe does need to make sure it’s investing in infrastructure to diversify its natural gas supplies, and there’s steps the U.S. can take to facilitate that, particularly for the lower-income countries in Europe.”
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