Europe to make it through the winter without Russian gas — Bloomberg ...News

Experts say LNG purchases will help the continent offset supplies from Russia Increased purchases of liquefied natural gas (LNG) by European nations are expected to help the crisis-hit region generate enough power this winter to offset gas supplies from Russia, Bloomberg reported on Tuesday. According to a report released by research provider BloombergNEF (BNEF), the year-over-year surge in Europe’s imports of LNG may approach 40%, and purchases could be ramped up next summer by about 14% to replenish lost inventories. The researchers added that with a demand collapse due to soaring energy prices, existing LNG sup

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