LNG

German Chancellor and leader of European Union socialists Olaf Scholz talked down fossil fuels in a major speech and stated  that renewable energy like wind and solar are the future and could be the saviours of German industry and the beleaguered economy.

German LNG Terminal GmbH, the development company of the Brunsbüttel import facility on the Elbe River south of Hamburg, has signed a preliminary accord with Shell to acquire cargo volumes.