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04.05.23 – EU becomes more reliant on Egypt’s LNG exports: World Bank

The EU has significantly increased its liquefied natural gas (LNG) imports from Egypt, among six countries, in 2022, the Information and Decision Support Centre said on Wednesday, citing a report by the World Bank (WB).

T

he European block became more reliant on gas imports from the US, Angola, Norway, Qatar, Egypt, and Azerbaijan.

The WB’s report said that some countries, including Egypt and Algeria, are expected to reduce gas flaring in the coming period.

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