World Jan 22, 2023
Germany beat Putin’s energy squeeze. But for how long?
Germany is building LNG terminals to help draw more imports as Russian gas is replaced by shipments from Norway and the Netherlands.
Germany is building LNG terminals to help draw more imports as Russian gas is replaced by shipments from Norway and the Netherlands.
Europe finds itself in a precarious situation with the official start of the winter heating season just over a month away.
Already, gas deliveries that were scheduled for Pakistan or India are being redirected to Europe, where buyers are able to afford higher prices.
Russia’s move to reshuffle ownership of the project may constrict global markets even more by pushing Japan to compete with Europe for alternative sources of supply.
Gazprom Marketing & Trading is facing liquidity problems as banks delay its transactions and peers refuse to deal with it.
Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch.
With few other options, the world is expected to depend more on cleaner-burning gas as a replacement to coal to help achieve near-term green goals.
Thinning ice in the Arctic Ocean made this year’s navigation season for tankers the longest on record, a sign that the pace of climate change is accelerating in the northernmost latitudes.
Following natural gas’s lead, Japan is preparing to trial imports from Australia of superchilled liquid hydrogen.