Advertisement
UK markets open in 5 hours 35 minutes
  • NIKKEI 225

    37,581.05
    +142.44 (+0.38%)
     
  • HANG SENG

    16,511.69
    0.00 (0.00%)
     
  • CRUDE OIL

    83.02
    +0.17 (+0.21%)
     
  • GOLD FUTURES

    2,347.50
    +1.10 (+0.05%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • Bitcoin GBP

    54,212.04
    +1,111.41 (+2.09%)
     
  • CMC Crypto 200

    1,413.75
    +7.76 (+0.55%)
     
  • NASDAQ Composite

    15,451.31
    +169.30 (+1.11%)
     
  • UK FTSE All Share

    4,362.60
    +66.19 (+1.54%)
     

Europe needs to end energy dependency on Russia, says UK foreign minister

British Foreign Secretary Truss interview with Reuters, at the Foreign Commonwealth & Development Office, in London

LONDON (Reuters) - British foreign minister Liz Truss said on Wednesday Europe would become increasingly hooked on Russian gas if Moscow got its way and it was time for countries to end that dependency.

"The EU (European Union) relies on Russia for over 40% of its gas, and with some countries Russia has a complete monopoly of supply. If Russia gets its way, Europe will be increasingly hooked on its gas," Truss told the Chatham House think tank.

"We have to end this strategic dependency," she said, adding she would meet her Ukrainian counterpart on Wednesday to strengthen their ties and repeat the message that any Russian incursion into Ukraine would be a mistake.

(Reporting by William James, writing by Elizabeth Piper, Editing by Kylie MacLellan)