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EU Struggles to Reduce Dependence on Russian LNG
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Overview
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The European Union (EU) is making progress towards phasing out Russian fossil fuels, but faces challenges in reducing reliance on Russian LNG. Despite sanctions, EU countries have increased their purchases of Russian LNG, raising concerns about meeting the bloc's goal of eliminating Russian fossil fuel consumption by 2027.
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How can the EU overcome its reliance on Russian LNG?
What are the potential consequences of a bidding war for LNG shipments from the U.S.?
What steps can be taken to accelerate the expansion of renewable energy in the EU?
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