Britain has agreed a new energy partnership with the United States that aims to end its reliance on Russia and lower soaring energy costs.
UK Prime Minister Rishi Sunak announced the partnership in a statement on Wednesday. He said the aim was to double the amount of liquified natural gas the United States exports to Britain compared to 2021 levels. “This will be good for both UK and European partners as we look to replenish gas storage next year,” the UK government said in the statement.
The energy crisis has driven prices to record levels, sending inflation to multi-decade highs across Europe and prompting governments to spend billions subsidizing household energy bills. The initiative with the United Kingdom comes nine months after the United States agreed a deal with the European Union to increase LNG shipments to Europe. According to the US Energy Information Administration, the United States became the world’s largest exporter of LNG in the first half of this year.
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