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preamble_23

(11) Long-term contracts have played a very important role in securing gas supplies for Europe and will continue to do so. The current level of long term contracts is adequate on the Community level, and it is believed that such contracts will continue to make a significant contribution to overall gas supplies as companies continue to include such contracts in their overall supply portfolio.

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Source: EUR-Lex (Cellar) · retrieved 2026-11-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.