I am almost a bit amazed at how fast LNG terminals can be approved when Germans risk some cold and uncomfortable. The hyperactivity of the German government is quite impressive. But, it will not mask one thing. They won’t do away with almost half a century of misguided energy policy with 2 decades of pure madness at the tail end with some fast patches. If and when the Russian gas does not come, they will feel it. they will feel it hard. Will the world take a lesson?
Germany is in negotiations with some of the world’s top liquefied natural gas suppliers, including energy giant Shell Plc, to replace Russian fuel with alternative supplies.