The European Commission's plan to reduce its dependence on Russian gas this year will be difficult to achieve. And it could create competition and skyrocket fuel costs
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last week The EU executive has published a blueprint to reduce the EU's dependence on Russian gas to two-thirds this year. and halt all Russian fossil fuel imports before 2030.
More detailed deals will follow in May. The commission's preliminary plans are said by the end of the year. The EU can replace 102 billion cubic meters (bcm) of Russian gas annually
the equivalent of 102 billion cubic meters (bcm).Most of the savings come from importing liquefied natural gas (LNG) and gas from alternative pipeline suppliers.