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Asia's energy supply looks secure — even as Europe scrambles

Por: CNBC Business October 22, 2022

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As Europe struggles with a power shortage, Asia-Pacific's power supply remains secure mainly because the region still uses a lot of coal, data has shown.With liquified natural gas supplies in the region redirected to Europe, power generators in Asia not only have less access to LNG but have had to opt out of buying more expensive LNG driven by strong demand in Europe. Europe is struggling with a gas shortage as Russia cuts its supplies,... + full article



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