The European Union and the United States are set to unveil a deal on Friday to supply Europe with more U.S. liquefied natural gas (LNG), sources told Reuters, as the European bloc seeks to quickly curb its reliance on Russian fossil fuels. The invasion of Ukraine by Russia, Europe’s top gas supplier, pushed already-high energy prices to records and has prompted the EU to pledge to cut Russian gas use by two-thirds this year, by hiking imports from other countries and quickly expanding renewable energy. President Joe Biden, who attended the EU leaders summit in Brussels on Thursday, promised the United States would deliver at least 15 billion cubic meters (bcm) more LNG to Europe this year than planned before, sources familiar with the matter said. One of the sources added the deal would also include higher U.S. LNG exports to the EU in […]