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And there's 0 chance any LNG terminals get built as a response to this situation by the next winter - especially in Europe. Building a terminal near here was on
by moonchrome 5y ago
And there's 0 chance any LNG terminals get built as a response to this situation by the next winter - especially in Europe. Building a terminal near here was on the order of a decade with all the planning, and a lot of protesting form people in the region (you are building a port for liquified natural gas after all).
Even if they decide to build additional capacity the last thing you want to do is cut corners.
- Spooky23 5y agoAlso, pipeline capacity to Boston, one of the bigger LNG ports in the east coast was blocked by environmental activists. Makes me wonder if the post-Fukushima hysteria that inspired German nuclear shutdowns and at least one major US nuclear reactor was influenced from abroad.
- PeterisP 5y agoI was under the impression that quite some LNG terminal capacity was already built but was not fully used as Russian gas was cheaper.
- abalashov 5y agoI was under that impression as well. But I believe in a form of Efficient Analyst Hypothesis where, if this LNG terminal capacity were in any way significant, it would have surely been mentioned in industry circles and press. ;-)