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German govt to rapidly expand LNG import infrastructure

The German government plans to rapidly expand the infrastructure for importing liquefied natural gas (LNG) through an “LNG acceleration act”, a government statement said.

German govt to rapidly expand LNG import infrastructure

representational image/German flag (iStock photo)

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.

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

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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.

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