The Ukraine/Russia war forced some turn-arounds in the energy policies of many countries.
A dramatic example is Germany, which had no LNG terminals before the onset of the war, but now is planning to fast-track the construction of off-shore and on-shore LNG terminals with the aim of becoming an LNG hub, potentially supplying many of its European neighbours.
To achieve this goal, Germany has fast-tracked several LNG projects—including terminals in Wilhemshaven and Lubmin—and plans to open more floating and land-based facilities in the future.
In the face of Russian gas cuts, the aim is energy security, although the move is controversial given climate goals. Germany’s goal is to export around 5.5B metres of fuel to European nations this year, potentially rising to 6.7B by 2026.
... to continue reading you must be subscribed
