GAIN Statement on U.K.-U.S. Energy Agreement

In a statement this week, the U.K. government announced a new partnership that will “drive work to reduce global dependence on Russian energy exports, stabilize energy markets and step up collaboration on energy efficiency, nuclear and renewables.” The partnership, called the ‘UK-US Energy Security and Affordability Partnership,’ will be jointly led by senior officials from the White House and the UK Government.

As part of the agreement, the U.S. has set a goal to export at least 9-10 billion cubic meters of LNG over the next year to U.K. terminals, which would be more than double the amount exported in 2021. Commenting on the plan, U.K. Prime Minister Rishi Sunak said, “This partnership will bring down prices for British consumers and help end Europe’s dependence on Russian energy once and for all.”

Below is a statement that can be attributed to me, Craig Stevens, spokesman for the GAIN Coalition:

“The new UK-US energy partnership is an example of how U.S. domestic energy resources can benefit our allies all over the world. U.S. energy is a hedge against President Putin’s weaponization of Russian natural gas – and is a strategic and economic asset for America.  

The Biden administration must do all it can to support U.S. companies that discover, develop, transport, and export energy feedstocks to help ensure our allies are never dependent on petro-authoritarians like Putin again.”

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