Europe cannot rely on LNG imports to replace Russian gas

No-one should be “fooled into thinking” that shipments of liquefied natural gas (LNG) can be relied upon to solve Europe’s looming energy crunch, a committee of peers has been warned. During the latest session of the House of Lords Economic Affairs Committee’s inquiry into energy and investment, which took place on Tuesday afternoon (1 March), witnesses were quizzed on the affordability and reliability of supplies in the light of the ongoing Russian invasion of Ukraine.

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