Germany sources new supplies of LNG from the Middle East as it risks running out of gas

A view from a Shell gas station in Moscow, Russia [Pavel Pavlov – Anadolu Agency]

Germany plans to have as much as 70.7 million tons, per year, of LNG import capacity by 2030 as the country faces the risk out of gas, Argus reports.

According to the report, Germany no longer receives Russian gas via Nord Stream, which was sabotaged in the autumn of 2022.

The rush to have LNG import terminals as soon as possible will make Germany the fourth largest import capacity holder, behind the major Asian LNG buyers South Korea, China and Japan, according to Argus.

READ: Germany moving ahead with Israel Arrow-3 Defence System purchase

Unless otherwise stated in the article above, this work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. If the image(s) bear our credit, this license also applies to them. What does that mean? For other permissions, please contact us.