Germany promises to offtake US LNG to earn some leverage with North Stream-2

Monday, 04 March 2019

Optimism has been expressed by Peter Altmaier, the German economy minister, that two regasification terminals will be built on the northern Germany coastline “in the foreseeable future” to enable LNG imports from the United States and elsewhere. With his assurances, the minister is trying to score some political points in Washington as Berlin is looking for ways to advance the controversial second leg of the Gazprom-led Nord Stream pipeline. 

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