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EU, US set to pledge gas cooperation as Russian tensions rise

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Reuters UK

By Kate Abnett BRUSSELS (Reuters) – The European Union and United States will pledge on Monday to work to ensure liquefied natural gas (LNG) supplies can respond to disruptions in pipeline gas flows, as tensions rise between the West and Russia, Europe’s biggest gas supplier. Europe’s dependence on Russian gas has come under scrutiny in recent months as lower than expected supply from Russia and rising tensions over Moscow’s build-up of troops on its border with Ukraine have helped to push prices to record highs. Russia, the European Union’s biggest gas supplier, provides about 40% of Europe’s…

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