Liquefied natural gas (LNG) immediately became the world’s key emergency energy supply when Russia invaded Ukraine on 24 February 2022. Unlike oil or gas transported through pipelines, LNG does not require vast expense and years of building a complex infrastructure before it is ready to transport. On the contrary, it can be bought quickly and reliably either through short- or long-term contracts or in the spot market and then shipped anywhere within a matter of days. In the event of further major conflicts breaking out in the coming years…
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