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I hear this a lot, but my understanding is that shipping LNG across oceans is very inefficient and would require far more terminals to receive LNG than exist. M
by nathanaldensr 4y ago
I hear this a lot, but my understanding is that shipping LNG across oceans is very inefficient and would require far more terminals to receive LNG than exist. My impression is it's not even close to a 1:1 substitution.
- pydry 4y agoNowhere near. Right now that's more of a Germany problem than a USA problem though. America would like Europe to build more LNG terminals to accomodate its growing gas surplus but first investors will want to feel confident that that tap wont be switched on again soon coz LNG wont ever be able to compete with a pipeline.