Thursday, March 3, 2022

Germany To Press Ahead With Plans For LNG Shipping Terminals -- March 3, 2022

Assuming Putin doesn't go nuclear .... 

A lot of changes in store ... 

Bloomberg calls this a game changer ...

"Germany to expedite LNG terminals to Russian gas." -- Global Construction Review, March 2, 2022.

Germany has announced plans to press ahead with building its first liquified natural gas (LNG) shipping terminals to reduce the country’s dependence on Russian natural gas.

The move was announced by Chancellor Olaf Scholz during a special Sunday session of the Bundestag called to discuss German policy in the wake of Russia’s invasion of Ukraine.

The possibility of building an LNG terminal at the port of Brunsbüttel on the mouth of the Elbe was first raised in 2018, and a tender was launched in 2019.

However, progress on the scheme had been slow, partly as a result of opposition from environmental activists led by climate justice group Ende Gelände.

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