The European Union has drafted a legislative proposal to authorize member states to ban Russian and Belarusian companies from booking capacity on gas pipelines in the bloc in a bid to reduce further the EU’s intake of Russian gas. According to a Financial Times report, the proposal will also include access to EU LNG terminals. The proposal comes amid calls to ban Russian LNG imports even as these hit a record this year. Another aspect of the raft legislation is letting European companies that have existing contracts with Russian or Belarusian…
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