European over investing in natural gas and LNG infrastructure?

According to data in the European Gas Tracker, European countries are developing 248.7 billion cubic meters per year (bcm/y) in new LNG import capacity and 16,491 kilometers (km) in new gas transmission pipelines, which includes cross-border pipelines capable of importing a further 46 bcm/y of gas into Europe. Europe is developing new liquefied natural gas (LNG) terminals and gas pipelines as if the region were still in crisis, even though it is in a far more secure position than it was two years ago, following Russia’s full-scale invasion of Ukraine.

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