Germany Goes On LNG Import Terminal Building Spree
Market Intelligence Analysis
AI-PoweredGermany is rapidly expanding its LNG import terminal capacity, aiming for over 70 million tons annually, including imports from Russia, as part of its shift away from pipeline gas imports and towards a net-zero energy mix.
Market impact analysis based on bullish sentiment with 71% confidence.
Article Context
Three years ago, Germany led an EU-wide offensive against Russian pipeline gas imports. These imports were no longer wanted in Europe because of the war in Ukraine. They would be replaced with LNG—for a short while—because the EU, and Germany, were firmly on their way to net zero. Now, Germany is in the LNG game for the long haul, building import terminals with a target of over 70 million tons annually—including from Russia. Reuters this week published an overview of Germany’s efforts to boost imports of liquefied natural…
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