Participants in global wholesale trading cannot track the origin of fuel they purchase, CEO points out Russian supplies of liquefied natural gas (LNG) may still be shipped to German terminals despite the drastic shift in energy policy brought about by the EU in relation to Russia, according to Michael Lewis, the chief executive at that EU nation’s major utility company Uniper. “Russia keeps selling LNG to the world market,” he said on Saturday in an interview with Germany’s Rheinische Post newspaper. “The wholesalers, including Uniper, do not always know the origin of the purchased gas.” The company halted purchas
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