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Berlin and Brussels want LNG

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Published: March 3rd, 2022,
Last updated: March 3rd, 2022

The German government wants to buy liquefied natural gas (LNG) for €1.5 billion to become less dependent on energy supplies from Russia. „The money is ready,“ a spokesman for the German Economy Ministry said Wednesday. The market area manager Trading Hub Europe has been promised the funds, he said, and should now decide where specifically to buy the liquefied natural gas. „This will happen in the very short term.“ A Finance Ministry spokesman added that because of the urgency, the funds had been approved directly – instead of the usual budgetary procedures.

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Energy Germany Renewable energies Hydrogen European policy