European Union Backs Eastern Natural Gas Axis, Increased LNG Supplies

The European Union has been trying to increase the capacity for LNG imports to balance growing divergence between declining indigenous production and rising consumption. The Eastern gas axis between Portugal, Spain and France, allowing bidirectional flows between the Iberian Peninsula and France.

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European Union [+]    LNG [+]    Portugal [+]    Spain and France [+]    Iberian Peninsula and France [+]   

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