White House reveals talks to find alternative gas supplies for Europe in event of Russian invasion of Ukraine/ sanctions on Russia - “What we’re looking at is to make sure that there are some suppliers that are able to bring on volumes into Europe”… whitehouse.gov/briefing-room/…
White House talks with companies that could supply European gas needs for months if Russian supplies are cut off “to see how much they can increase that output on a relatively temporary basis. So, for a number of months, while we’re in a crisis — potentially in a crisis mode.”
“we’re engaging our European allies to coordinate our response planning, including talking to them how they deploy their existing energy stockpiles, which are, obviously, at significantly low levels this year due to the reduced Russian supplies over the last several months…”
“We’ve been working to identify additional volumes of non-Russian natural gas from various areas of the world — from North Africa and the Middle East to Asia and the United States…” says WH official…
“We’re also preparing to mitigate against more extreme and, I should add, less likely scenarios where Russia would cut off energy supplies through other European routes.
also engaging with major buyers and suppliers of LNG to ensure flexibility in existing contracts & storage”
also engaging with major buyers and suppliers of LNG to ensure flexibility in existing contracts & storage”
Emir of Qatar is visiting President Biden next week - upping gas exports to Europe in event of Russian shortfall, will surely be very high up the agenda.
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