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In the end, importing LNG for Germany is essentially crypto currency free market decentralization principles applied to geo politics. Clearly, and this has bec
by timdaub 4y ago
In the end, importing LNG for Germany is essentially crypto currency free market decentralization principles applied to geo politics.
Clearly, and this has become obvious on the global stage, if you have two equally sovereign powers making a deal and having aligned incentives (e.g. to build physical gas pipelines that cost a lot of money and can be blown up), then the more resilient approach that features decentralized and permissionless market access is that of LNG.
It's because LNG tankers are interoperable and they can technically come any moment from any new country. There's no direct platform-dependence on Russia for Germany anymore and with an extension of LNG ingestion capabilities, more diversity of supply will mean that gas now can't be leveraged as a power brokerage tool by a single country anymore.
- hbossy 4y agoExcept for the country that control seas.