Ships sailing into the port of Rotterdam in February 2022.
Federico Gambarini | Picture Alliance | Getty Images
Concerns related to both the energy transition and energy security have been thrown into sharp relief by Russia’s invasion of Ukraine.
Russia is a major supplier of oil and gas, and over the past few weeks a number of major economies have laid out plans to reduce their reliance on its hydrocarbons.
On Friday, the U.S. and the European Commission issued a statement on energy security in which they announced the creation of a joint task force on the subject.
The parties said the U.S. would “strive to ensure” at least 15 billion cubic meters of extra liquefied natural gas volumes for…