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Even by running on nuclear energy, Germany condemned its own industry which relies heavily on gas, which will not be delivered as required by Russia due to its
by KaliGulaCountry 4y ago
Even by running on nuclear energy, Germany condemned its own industry which relies heavily on gas, which will not be delivered as required by Russia due to its own political decisions against Russia. They won't be able to get the gas from another country in the quantity required. The majority of factories just can't suppress their usage of gas. This winter will be quite difficult for a lot of industrial companies.
I just can't understand, strategically, how such huge decisions can be made so quickly and totally going against the interest of your own people and economy.
I mean, they just messed up badly.
- aembleton 4y ago> They won't be able to get the gas from another country in the quantity required. Why not? Can they not build LNG terminals?
- KaliGulaCountry 4y agoNo, it takes at least three years to build LNG terminal. Even if it take less than that it would be quite hard to reach the necessary supply by LNG carrier ships. It also requires the construction of new LNG carrier ships. It also requires new partnerships.
- aembleton 4y agoThat's interesting to hear. I thought the reason LNG futures for this winter in the UK are so high is because other European countries are expected to have completed lng terminals by then. They only started a couple of months ago.