When will Europe begin to attract more LNG imports? It depends on the price that European buyers are prepared to pay, and according to Philippe Sauquet, CEO of Gas and Power at Total, prices in Europe will have to hold steady at current high levels or even increase in the future. But gas demand in Europe can be improved through the European Union’s upcoming visual_editor030 carbon reduction target, because the quickest way to reduce emissions is to switch from coal to gas-fired power generation. According to Sauquet: “Up to visual_editor030, the future of gas is bright”.
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