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EU gas demand to rise, Australian company predicts
By EUobserver
The surging price of gas triggered a six-fold increase in profit at Woodside, Australia's largest producer of liquified natural gas, and chief executive Meg O'Neill predicted demand from Europe will continue to grow as the continent struggles to quit Russian gas. "What we've seen is unprecedented," O'Neill told the Financial Times. "Prices at this level are not sustainable in the long run," he added.