Social News XYZ     

German govt to rapidly expand LNG import infrastructure

German govt to rapidly expand LNG import infrastructure

Berlin, May 11 (SocialNews.XYZ) 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.

Source: IANS

Facebook Comments
German govt to rapidly expand LNG import infrastructure

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

%d bloggers like this: