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US and EU announce liquefied gas deal
President Joe Biden and European Commission President Ursula von der Leyen talk to the press about the Russian invasion of Ukraine, at the US Mission in Brussels, Friday, March 25, 2022, in Brussels

US PRESIDENT Joe Biden and European Union president Ursula von der Leyen announced a deal for additional liquefied gas for Europe today as the bloc bids to end its reliance on Russia.

The US, which has long sought to expand into the lucrative European market, will boost supply by the end of 2022, sending at least 15 billion cubic metres.

Mr Biden described the war in Ukraine as “an opportunity” as he announced the deal to adjust the structure of gas supply.

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