☆ Yσɠƚԋσʂ ☆@lemmy.ml to Europe@lemmy.mlEnglish · 7 months agoGermany is still a major consumer of liquefied natural gas from Russiaenergywatch.comexternal-linkmessage-square2linkfedilinkarrow-up111arrow-down10
arrow-up111arrow-down1external-linkGermany is still a major consumer of liquefied natural gas from Russiaenergywatch.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to Europe@lemmy.mlEnglish · 7 months agomessage-square2linkfedilink
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkarrow-up2·7 months 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/