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‘Contingency planning’ underway to shield EU energy supplies in Russia crisis: US official

Source: Pixabay

The United States and its European allies are scouring global markets for alternative energy sources to mitigate fallout from any conflict with major energy exporter Russia over Ukraine, a senior US official said Tuesday.

“We’re working with countries, companies around the world to ensure the security of supply and to mitigate against price shocks,” the official said.

The “contingency planning” includes negotiations with suppliers in North Africa and Asia to “temporarily surge gas output.”

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AFP

Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.




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