India considers LNG reserve to cut supply shortages

India is reportedly considering the creation of a strategic reserve of liquefied natural gas (LNG) to protect against potential supply shortages or price spikes in the future, following the country’s energy crisis last year, according to a senior executive at India’s leading LNG importer. The government has “proposed we should have more storage space for

Germany plans to turn LNG terminals into green hydrogen hubs

Germany is building more LNG terminals to make up for the loss of Russian gas. In a few years, some of that infrastructure could be used to handle green fuels that power grids and heat homes. Germany plans to abandon fossil-fueled power by 2035. But instead of shutting down natural gas infrastructure, it’s speeding up

Germany to push ahead with two LNG terminals to reduce Russian gas dependence

Germany has decided to accelerate work to build two LNG terminals in the country to help reduce dependence on Russian gas imports, Chancellor Olaf Scholz said Feb. 27. In an address to the German Parliament, Scholz also said Germany would look to increase its gas stocks by 2 Bcm through the use of long-term storage