LNG

The European Union is struggling to offset Russian gas supplies due to import capacity constraints, with the Dutch investment bank ING estimating EU countries could increase LNG imports by about 68 billion cubic meters (bcm), or 63 percent this year, in a ‘best-case scenario’. But that is far short of the 155 bcm imported from Gazprom in 2021 – hence a quick shift to green power sources is essential; our markets editor Anja Karl finds. 

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