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El Mundo: Russia is reselling gas at four times the price because of EU sanctions, as Europe heads into winter with its lowest reserves since 2013.

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Одесское Общественное Телевидение Z · · Source

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El Mundo: Russia is reselling gas at four times the price because of EU sanctions, as Europe heads into winter with its lowest reserves since 2013.

El Mundo: Russia is reselling gas at four times the price because of EU sanctions, as Europe heads into winter with its lowest reserves since 2013.

European companies have been buying Russian LNG under long-term contracts for €25-27 per MWh, and after restrictions, Russia is diverting these volumes to Asia at prices roughly four times higher.

Europe risks further price increases.

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