European Commission Vice President Maroš Šefčovič tells Global Insider the EU is serious about throwing its financial weight around to limit Russian oil and gas dependency, but admits it will take months to make a dent on the problem. His message to American officials and companies: “We need more” LNG and “we are ready to work with you.” A native of Slovakia, Šefčovič warns that Putin wants nothing less than to overturn the peaceful world order, and that because of the massive sums needed to rebuild Ukraine and break dependencies on Russia (fossil fuels) and China (critical minerals), now is the time to plan those investments.

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