Merkel Looks to LNG to Cut Germany’s Dependence on Russian Gas
https://www.bloomberg.com/news/articles/2018-03-19/merkel-looks-to-lng-to-cut-germany-s-dependence-on-russian-gasAngela Merkel’s government is seeking to build a liquefied natural gas industry in Germany basically from scratch to reduce the nation’s dependence on supplies arriving by pipeline from Russia and Norway.
With gas reservoirs depleting from the U.K. to the Netherlands, Germany is becoming increasingly reliant on Russia for its energy needs at a time when political tensions are mounting with Vladimir Putin’s government in Moscow.
That’s prompting Merkel to think again about LNG as an option, building terminals on the North Sea and Baltic Sea that could import the fuel and bypass facilities in the neighboring Netherlands, Poland and Belgium. Her newly formed coalition has a “coalition contract†that among other policies sets out an energy agenda including LNG for the next four years.
Merkel backs “all initiatives supporting further diversification of gas supply -- whether from different regions or means of transporting gas,†Economy and Energy Ministry spokeswoman Beate Baron said in a note....
