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Friday, November 15, 2024

EU ramps up Russian LNG purchases by 50% this year as Moscow cuts off natural gas pipeline supplies

The European Union has ramped up its purchases of Russian liquefied natural gas this year, while Moscow has slashed pipeline flows. The EU’s imports of Russian LNG totaled 15 billion cubic meters through September of this year, up 50% from a year ago, Tim McPhie, the European Commission’s …

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