March 27, 2014
US, European energy leaders to discuss gas diversification measures
Source: Oil & Gas Journal
Journalist: Nick Snow
Top US government energy officials and their counterparts from other G7 nations will meet early next week to discuss reducing Europe’s heavy reliance on Russian natural gas, US President Barack Obama and two major European Union officials announced on Mar. 26.
The planned meeting is part of a broader US-European response to Russia’s annexation of the Crimean Peninsula during its confrontation with Ukraine that was discussed during a US-EU summit meeting in Brussels.
“I think energy is obviously a central focus of our efforts, and we have to consider it very strongly,” Obama said during a Mar. 26 press conference with European Council Pres. Herman Van Rompuy and European Commission Pres. Jose Manuel Barroso. “This entire event I think has pointed to the need for Europe to look at how it can further diversify its energy sources.”
Read the full article at Oil & Gas Journal.