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Supply Glut Could Help EU Navigate Russian LNG Ban
The upcoming global LNG supply glut will help Europe move away from importing Russian LNG and ease its current competition for LNG volumes with the Asia-Pacific region, industry players said at the Financial Times' Commodities Global Summit held in Lausanne, Switzerland, earlier this month. Coordinated political action by individual EU member states to ban Russian LNG imports will most likely happen once security of supply is guaranteed in the second half of the decade, according to Anne-Sophie Corbeau, global research scholar at Columbia University's Center on Global Energy Policy. Spain, France and Belgium, ... (full story)