☆ Yσɠƚԋσʂ ☆ to EuropeEnglish · 2 days agoGermany is still a major consumer of liquefied natural gas from Russiaenergywatch.comexternal-linkmessage-square2fedilinkarrow-up110arrow-down10cross-posted to: europe@lemmygrad.ml
arrow-up110arrow-down1external-linkGermany is still a major consumer of liquefied natural gas from Russiaenergywatch.com☆ Yσɠƚԋσʂ ☆ to EuropeEnglish · 2 days agomessage-square2fedilinkcross-posted to: europe@lemmygrad.ml
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkarrow-up2·2 days agoRussia sells it at a slightly cheaper rate to China and India, and then they resell it to Europe at a markup. Germany basically has no other way to fill the gaps. In fact, the LNG reserves in EU have been dropping to alarming levels as is. https://www.hellenicshippingnews.com/eu-gas-storage-levels-drop-to-below-60-of-capacity-as-interim-target-looms/
Russia sells it at a slightly cheaper rate to China and India, and then they resell it to Europe at a markup. Germany basically has no other way to fill the gaps. In fact, the LNG reserves in EU have been dropping to alarming levels as is. https://www.hellenicshippingnews.com/eu-gas-storage-levels-drop-to-below-60-of-capacity-as-interim-target-looms/