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5min chapter
Europe’s gas outlook for 2023
The Sound of Economics
Europe's Long Term Contracts With Energy Suppliers
Europe is predominantly on the spot market when it comes to LNG. Asian economies in China have been signing up a lot of long term contracts on LNG. Europe needs to find a middle ground and probably accept that at least to a certain extent a certain level of long-term contracts is needed, says BNP Paribas chief executive Ben van Beurden. Van Beuren: "We need to get possibly even more serious about the green solutions"
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