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2025

EU reliance on LNG growing energy boss

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The EU's dependency on liquefied natural gas has soared due to the loss of Russian pipeline gas

The EU has substantially increased its reliance on liquefied natural gas (LNG) imports due to the bloc's decision to stop buying pipeline gas from Russia, the CEO of Austrian energy company OMV has said.

Alfred Stern made the remarks on Friday in an interview with Austrian daily Der Standard, on