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European Commission Proposes Law Ending Russian Gas, Oil Imports by 2027

Rigzone

The EU imported a total of 70 Bcm in the October-December 2024 period. “As of 2025, the LNG global supply is set to grow significantly - and at increasingly fast pace - with 33 bcm of additional capacity in 2025, more than 50 bcm in 2026, nearly 70 bcm in 2027, and 50 bcm in 2028.

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