Germany will supply LNG to eastern EU states: German Chancellor Olaf Scholz

In a statement German Chancellor Olaf Scholz said, Berlin will help provide eastern European Union states which don’t have access to ports to the North or Baltic seas with liquefied natural gas (LNG).

Scholz made the comments after having emerged from a meeting with Czech Prime Minister Petr Fiala. He said, many countries faced an even bigger challenge than Germany in reducing reliance on Russian energy imports.

Russian gas imports that arrive via pipeline account for more than 90% of gas consumption in the Czech Republic, which is landlocked, said Fiala.

“We must be prepared to help countries that do not have direct access to the North or Baltic Sea and that must rely on us cooperating with them,” said Scholz while adding that the details have yet to be worked out.

On Thursday, Germany took steps to ramp up LNG imports, and has rented four floating storage and regasification units; it has chosen the North Sea port of Wilhelmshaven as the first handling hub.

Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

Tags: , , , , , , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: