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US natural gas emerging as rival to Russia in Europe

Positioning of the US as an exporter means European countries have "a credible alternative to Russian gas"

Published Tue, Aug 8, 2017 · 09:50 PM

New York

THE growth of shale gas extraction is positioning the United States to be a bigger natural gas exporter, potentially challenging Russia's hold on the European market.

Russian exports to Europe remain a foundation of the continent's economy, accounting for about 41 per cent of supply in the first quarter of 2017, according to the European Commission.

But US…

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