LONDON/FRANKFURT – Even if Germany can deliver on its aim to build two liquefied natural gas (LNG) terminals in a speedy two years, Europe’s biggest economy will be barely off the starting line in its race to replace Russian gas.
The terminals could re-gasify enough LNG to meet perhaps about a third of the supply Germany now receives by pipeline from Russia, but Berlin also needs to secure supply in an already tight LNG market to feed them.
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