Germany Signs Preliminary Deal To Ramp Up LNG Import Capacity

Germany Signs Preliminary Deal To Ramp Up LNG Import Capacity

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The German federal government has signed two memoranda of understanding with the country's top gas utilities for the delivery of two floating LNG import terminals. Per a Reuters report, the deals, with Uniper, RWE, and EnBW, will see the vessels, due to be completed this winter, delivered by March 2024. "This is an important date in the series of steps that we have been taking since the beginning of the year, to make ourselves independent and less susceptible to blackmail from (Russian President Vladimir) Putin, and to give Germany a robust and…

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