Showing posts with label FSRU. Show all posts
Showing posts with label FSRU. Show all posts

Wednesday, March 23, 2022

Europe: members of the Bloc sound ways to end dependency from russian gas

 The measures are planned to be effective by the end of the year, WELT:


The pressure on the EU states to impose an embargo on Russian energy supplies is increasing. The heads of state and government meeting in Brussels on Thursday will also argue about this issue again. It is very unlikely that they will agree on a gas embargo this week. But the pressure will remain.


The European Commission, the EU's powerful administration, is therefore already preparing for a possible supply freeze for oil and gas from Russia – even in the event that Russia stops supplies of its own accord.

Saturday, November 7, 2020

Germany: Uniper stops construction of FSRU Wilhelmshaven

Concerns about a sufficient workload of the planned FSRU confirmed by the paucity of prospective clients willing to book capacities le to the decision to put the project on hold, meanwhile the building works to complete the Nord Stream 2 pipeline have been resumed, writes german newspaper WELT:



Politicians are often sales geniuses, and this is particularly true of the incumbent US President: Donald Trump once advertised American natural gas on the world market as "Freedom Gas". The fuel extracted with the controversial "fracking" method should help to free the countries of the world from the dependence on Russian oil and gas monopolists.


The oil and gas business has always been highly politicized and is still at the center of geostrategic planning by the great powers. It was probably not due to purely economic considerations that Germany started building three liquefied gas ports on the North Sea coast a few years ago.


Frozen liquid gas, also known as LNG, delivered by tanker was intended to limit the market power of the main European supplier, Russia, in natural gas. The EU Commission also considered this to be sensible.