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> Now we're building LNG terminals in Germany, we're building a pipeline to Norway for hydrogen, all that stuff is suddenly possible in months Building somethi
by unity1001 4y ago
> Now we're building LNG terminals in Germany, we're building a pipeline to Norway for hydrogen, all that stuff is suddenly possible in months
Building something does not mean that you will be able to fill it. The LNG comes from the US, who source it themselves from domestic and arab sources. The next biggest source of gas is Qatar and they explicitly said that they couldnt fulfill Europe's gas demand even if they sold their entire stock to Europe directly. Russian gas and energy still are the only sources that can supply the world globally.
Even the US strategic petroleum reserve is dwindling as the US makes a quick buck selling its oil to Europe on inflated prices to the extent that it started making German and French governments complain publicly. Of course, there is also the Russian gas and oil that they buy from intermediaries and then sell to Europe - a fine example of US corporate-state mentality.