EU is hooked on Russia LNG and paying billions to keep it coming

While the EU has banned imports of Russian coal and is about to launch similar measures for oil, the union’s LNG imports from Russia are increasing, and an embargo is not on the horizon.
Photo: Vladimir Soldatkin/Reuters/Ritzau Scanpix
Photo: Vladimir Soldatkin/Reuters/Ritzau Scanpix
By Elena Mazneva and Anna Shiryaevskaya, bloomberg news

The European Union has slashed its dependence on Russian energy this year, banning coal imports and readying an oil embargo too. But one product is booming, and is unlikely to face an EU boycott anytime soon.

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