German govt to rapidly expand LNG import infrastructure

by IANS |

Berlin, May 11 (IANS) The German government plans to rapidly expand the infrastructure for importing liquefied natural gas (LNG) through an "LNG acceleration act", a government statement said.

An early draft of a corresponding bill has been provided for Germany's governing parties, aiming to build land-based and floating LNG terminals and the necessary pipelines faster, Xinhua news agency reported, citing the statement.

Construction of gas pipelines and infrastructure for LNG terminals in Germany could begin this summer, according to the statement.

Last week, Minister for Economic Affairs and Climate Action Robert Habeck signed contracts for the lease of a total of four floating LNG terminals, with 2.94 billion euros ($3.1 billion) available for this purpose.

"This is part of the effort to put Germany's energy supply on a broader basis," the government said.

Latest News
Quad is constructive, not to create any debt burden: India Sun, May 22, 2022, 06:00 PM
KCR, Kejriwal discuss national politics at luncheon meeting Sun, May 22, 2022, 05:54 PM
Thomas Cup win will fill India's youth with new enthusiasm and energy: PM Modi Sun, May 22, 2022, 05:42 PM
India take on arch-rivals Pakistan in Asia Cup hockey opener Sun, May 22, 2022, 05:38 PM
Virat Kohli, du Plessis react after MI's win over DC helps RCB to qualify for playoffs Sun, May 22, 2022, 05:34 PM
Israel reports 1st suspected case of monkeypox Sat, May 21, 2022, 02:01 PM
African countries report 7,985 newly confirmed Covid-19 cases as tally nears 11.59 mn Sat, May 21, 2022, 01:40 PM
Mexico's Prez urges US to legalise status of Mexican immigrants Sat, May 21, 2022, 01:27 PM
Moeen Ali's master-class has Matthew Hayden in awe Sat, May 21, 2022, 01:24 PM
Why 'no fear' and a 'fresh slate' make two new IPL franchises a force to reckon with Sat, May 21, 2022, 01:12 PM
PDP chief pays tributes to Mirwaiz, Lone Sat, May 21, 2022, 12:54 PM
Open Mettur Dam before June 12: PMK's Ramadoss Sat, May 21, 2022, 12:54 PM
Overnight sporadic rain bring relief in Delhi Sat, May 21, 2022, 12:53 PM
Rescue operations resume at collapsed J&K highway tunnel Sat, May 21, 2022, 12:41 PM
India reports 2,323 fresh Covid cases, 25 deaths Sat, May 21, 2022, 12:40 PM