With five liquefied natural gas import terminals in operation, France has now assumed the role of a leading regasified LNG supplier to the European Union, especially Germany and other neighbours, as gas from Russia’s Gazprom has been easily replaced with increasing gas flows from West to East in the EU.

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Switzerland, the base for some of the leading global commodities traders in LNG and other fuels, is facing energy challenges, though it was unlikely a permit awarded to drill for hydrocarbons in Lake Geneva would be implemented anytime soon, according to a report from the International Energy Agency.

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France’s natural gas pipeline operator GRTgaz, whose subsidiary is French LNG import terminal company Elengy, has agreed to proceed with the first major physical entry point of natural gas in France through Switzerland.

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