LNG

Germany's hydrogen obsession, which has made liquefied natural gas suppliers uneasy and prevented the Germans securing long-term LNG supply contracts, has been brought into focus by a German report saying that hydrogen demand would fall well short of the baseline the country is assuming in its plans to extend its gas network to carry the fuel.                  

LNG import terminal developer and leading Finnish power company Fortum and subsidiary Uniper, Germany’s biggest Russian pipeline gas importer, and the German Government have agreed a comprehensive stabilisation package to provide financial relief to the Düsseldorf-based utility.