LNG

The Danish Energy Agency has offered the Nord Stream AG company the chance to participate in the salvage of an observed object near the sabotaged pipelines under the Baltic Sea that were put out of operation by unexplained explosions in September 2022 and led to the Germans adopting LNG as a replacement fuel.

Fortum, the Finnish energy and power company with European Union-wide operations and with plans to give Finland its first floating LNG import terminal, is the majority shareholder in the troubled German utility Uniper but has refused to put any more cash into the Duesseldorf-based company.