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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The pandemic has created disruption in the global energy sector, but low gas prices will ultimately stimulate demand growth as the economy recovers.
Today, we launch the most ambitious European energy project since the Coal and Steel Community. Six Member States depend on a single supplier for their entire gas imports and therefore remain too vulnerable to supply shocks. The EU needs to diversify its supply of gas and make it more resilient to supply disruptions.
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