New LNG terminals in northern and eastern Europe would be a better option to alleviate the European gas crisis than a new natural gas pipeline from Spain to France, the French energy transition ministry said on Friday. A new gas pipeline between Spain and France would take years to become operational and would cost at least $3.01 billion (3 billion euro), the French ministry said in a statement carried by Reuters. As such, a pipeline could be too late to ease the gas crisis in Europe, France says. “Such a project would take many years to…
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