EU could face gas shortages – FT ...News

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EU could face gas shortages – FT
Swapping Russian pipeline gas for liquefied natural gas has reportedly left the bloc vulnerable to supply disruptions The European Union’s gas supplies could be at risk this winter due to increasing reliance on liquefied natural gas (LNG) as a replacement for Russian pipeline gas, the Financial Times wrote on Thursday. The bloc increased LNG purchases two years ago following the escalation of the Ukraine conflict and sanctions on Russia. The supply and pricing of globally traded super-chilled fuel are volatile and can be affected by regional crises. This is the EU’s “fundamental problem,” the publication explained

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