The Increase in LNG Imports and its Impact on Europe's Energy Situation

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This chapter discusses the EU's struggle to move away from Russian piped gas and the increase in imports of liquefied natural gas (LNG) as an alternative. It highlights the major importers of Russian LNG and the role of Belgium and Spain as distribution hubs.

The EU is set to import record volumes of liquefied natural gas from Russia this year, asset management firm Grayscale won a US court ruling to launch an exchange traded fund tracking bitcoin, and Goldman Sachs has used a fund set up with Chinese state money to buy a series of US and UK companies.

Mentioned in this podcast:

EU imports record volumes of liquefied natural gas from Russia

Grayscale scores major court win against SEC on bitcoin ETF

Goldman Sachs bought UK and US companies using Chinese state funds

Job market slowdown fuels bets Fed will hold fire on rates this year

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

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