Germany To Expedite LNG Terminals Construction, Says Chancellor Scholz

  • Date: 03-Mar-2022
  • Source: Yahoo News
  • Sector:Oil & Gas
  • Country:Gulf
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Germany To Expedite LNG Terminals Construction, Says Chancellor Scholz

This article was first published on Rigzone here

In an address to the German parliament, Chancellor Olaf Scholz said that the country is looking to expedite the construction of two liquefied natural gas (LNG) terminals as it wants to cut ties with Russian gas, following the latter’s attack on Ukraine.

Germany is one of the major importers of Russian natural gas, with deliveries totaling around 50.6 billion cubic meters (1.7 Tcf) during 2021. Imports from Russia stood at around 60 percent of Germany’s total imports during the past year.