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Accelerated deployment of LNG import facilities in Europe

To cope with the drop in natural gas imports from Russia, some 25 new floating storage and regasification units should be installed in the European Union, with the first installations to be operational by the end of 2022. 

The sharp drop in natural gas imports from Russia – whose share in European imports fell from 50% in 2021 to 9% at the beginning of September 2022 – has led European countries to urgently plan numerous projects for rapidly operational  LNG import facilities. 

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