EU Admits Gas Price Cap Will Scare LNG Suppliers Away, Plunging Europe into Crisis | Energy Crisis

EU Admits its Gas Price Cap Will Scare LNG Suppliers Away, Plunging Europe into Crisis | Energy Crisis. The European Union will set a fixed price for what it is willing to pay in the long term for LNG supplies. EU officials have realised that if they put a price cap on natural gas, much-needed cargoes of LNG will easily be re-routed to Asian countries by suppliers. Watch to know more.

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