The United States will sharply increase its gas deliveries to the United Kingdom under an energy security partnership agreement announced on Wednesday.
“
In the next few years, the United States plans to more than double the quantities of gas exported to the United Kingdom compared to 2021, to ensure security of supply and reduce price volatility
,” according to a government statement. British.
Washington is thus aiming for exports of 9-10 billion cubic meters of liquefied natural gas over the next year via British terminals, in particular with the objective of "
filling gas storage
", continues this text.
Under the new partnership, the United States and the United Kingdom will "
work to reduce global dependence on Russian energy exports, stabilize energy markets, and strengthen their collaboration on energy efficiency, nuclear and renewables
,” the press release details.
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Those efforts will be spearheaded by a new US-UK Action Group, including senior UK and US officials, who will meet for the first time on Thursday.
Energy prices have soared since the economy reopened after the peak of the Covid-19 pandemic, and have accelerated further since the start of the British invasion of Ukraine, sending inflation soaring in many regions of the world and translating into a crisis in the cost of living.
