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EU Aims to Cut Russia Gas Dependence by Almost 80% This Year

  • European Commission to adopt new energy strategy on Tuesday
  • Russian invasion of Ukraine triggers debate on energy security
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The European Union’s executive arm is mapping out a path to end the bloc’s reliance on Russian gas that could see import needs cut by almost 80% this year, according to two officials with knowledge of the matter.  

The European Commission is revising its energy strategy after President Vladimir Putin’s invasion of Ukraine in an effort to reduce the Kremlin’s leverage. The plan, to be presented Tuesday, will propose steps such as tapping new gas supplies and increasing energy efficiency already this year, one of the officials said, and aims to deliver independence from the region’s biggest supplier of the fossil fuel well before 2030 -- sooner than previous projections.