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Declaration of the G7 Foreign Ministers on energy security

Declaration of the G7 Foreign Ministers on energy security

 


The text of the statement below was released by the G7 foreign ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America, and the High Representative of the European Union.

Initial text:

We, the Foreign Ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America, and the High Representative of the European Union, are unwavering in our condemnation of Russia’s brutal, unprovoked, unjustifiable and unjustifiable towards Russia. illegal war of aggression against Ukraine. We condemn and will not recognize Russia’s continued efforts to redraw the borders by force. This constitutes a clear violation of international law, in particular a grave violation of the United Nations Charter, and seriously undermines the international rules-based system. We reiterate our demand that Russia end this chosen war, immediately and unconditionally cease all hostilities, and withdraw its troops and military equipment from all Ukrainian territory within its internationally recognized borders.

We further condemn Russian efforts to weaponize its energy exports and use energy as a tool of geopolitical coercion. Therefore, Russia is not a reliable supplier of energy. We will act in solidarity and close coordination to mitigate the impact of supply disruptions on economies and citizens globally and in our own countries, particularly to protect vulnerable groups. We are working to ensure that Russia does not use its position as an energy producer to benefit from its aggression at the expense of vulnerable countries. We will build on our recent actions to secure energy supplies, stabilize markets and moderate the rise in energy prices driven by Russia’s actions and exceptional market conditions. This includes our efforts to reduce our demand for Russian energy and our support for voluntary collective action by the International Energy Agency. We remain committed to energy and resource diversification and promote competitive, reliable and affordable energy markets that are transparent and adhere to high environmental, social and governance standards. We reiterate our support for an ambitious and accelerated global clean energy transition to net zero by 2050, in line with a 1.5 degree Celsius warming limit and the implementation of the Glasgow Climate Pact. This is essential to achieving our shared climate, security and economic recovery objectives. The sooner we achieve this transition, the safer our societies will be.

We continue to explore further measures to prevent Russia from profiting from its war of aggression and to limit Russia’s ability to wage war. As we phase out Russian energy from our domestic markets, we will seek to develop solutions that reduce Russian hydrocarbon revenues, support stability in global energy markets, and minimize negative economic impacts, particularly in low- and middle-income countries. . We remain committed to exploring a range of approaches, including options for a comprehensive ban on all services that enable the transportation of Russian crude oil and petroleum products by sea globally, unless the oil is purchased at or below a price that agreed in consultation with international partners. . In considering this and other options, we will also consider mitigation mechanisms alongside our restrictive measures to ensure that the most vulnerable and affected countries have access to energy markets, including Russia.

We will further reduce our dependence on civilian nuclear and related goods from Russia and help countries seeking to diversify their supplies. In all these actions, we will support each other and coordinate our actions to preserve the unity of the G7 and strengthen our collective energy security and sustainability. We welcome the efforts of partners aimed at replenishing gas reserves and increasing energy security and stability, amid Russia’s increased energy arsenal. At the same time, we will continue our efforts with partners around the world to make energy saving and efficiency a global priority.

We remain steadfast in our solidarity with Ukraine and reaffirm our unwavering commitment to support the government and people of Ukraine in their courageous defense of Ukraine’s sovereignty and territorial integrity and in their struggle for a peaceful, prosperous and democratic future.

The End Text

Sources

1/ https://Google.com/

2/ https://www.state.gov/g7-foreign-ministers-statement-on-energy-security/

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