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

Is Putin’s Ukraine invasion about fossil fuels?

What is the relationship between Russia’s threats to Ukraine and the gas price crisis? Gas prices are soaring globally, largely because of the resurgence of demand for fossil fuels after the Covid-19 pandemic and lockdowns, depleted storage and the difficulty of ramping up supply after the disruptions of the past two years. But prices have