French LNG import threat

Written by  John McKay
Monday, 02 July 2012
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July 2 (LNGJ) - The new socialist French government may decide in the next few days to freeze natural gas prices, thus affecting LNG imports. Finance Minister Pierre Moscovici was considering blocking a 5 percent price increase requested by the nation's main LNG importer GDF-Suez. A price freeze would lead to French LNG re-exports and more cargo diversions.

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