Germany Russian gas with LNG Plan: Germany’s strategy to replace Russian gas with LNG supplies has failed

Germany's strategy
liquefied natural gas, LNG

Germany Russian gas with LNG Plan: Bild reported that German Economic Affairs and Climate Protection Minister Robert Hebeck’s plan to deliver liquefied natural gas (LNG) to Germany this winter to ensure a stable energy supply for the country has failed.

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According to the publication, due to the paucity of tankers to transport LNG, this plan is on the verge of failure.

Germany Russian gas with LNG Plan

Martin Kroger of the Union of Shipowners said, “There are no LNG carriers in the German merchant fleet that can transport LNG over long distances. In total, there are about 500 LNG tankers available worldwide, but demand from other regions is high. “

Andreas Fischer, an expert at the German Institute of Economics, said most tankers are already tied to long-term contracts.

Minister Habek‘s LNG strategy has failed and this winter will not replace the gas we will need in the future,” concluded Torsten Frey, spokesman for the opposition Christian Democratic Union.

Russian gas supplies through the Nord Stream were cut short due to planned technical work. According to Gazprom, the supply volume was limited due to the untimely return of equipment from repair by Siemens.

After that, Gazprom announced that it was stopping the operation of another gas turbine engine of the German concern Siemens in Portovaya CS.

Habeck said Germany could experience rolling power outages for utilities due to gas shortages.

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