The European Union will consider investing in liquefied natural gas (LNG) projects abroad as part of plans to "immediately engage" with reliable suppliers to try to lower energy prices, a draft Commission document showed on Tuesday.

The European Union still imports about 13% of its gas from Russia and the European Commission is preparing legislation to encourage member states to phase it out. Source: European Pravda citing European Commission spokesperson Anna-Kaisa Itkonen Details: During the European Commission's daily briefing,

European Union trade chief Maros Sefcovic said on Thursday that his top priority in trade talks with President Donald Trump's administration is to avoid a period of economic pain for both sides from unilateral U.S. tariffs and EU countermeasures.