4min chapter

Forward Guidance cover image

The Food & Energy Crisis Has Only Just Begun | Doomberg

Forward Guidance

CHAPTER

The European Plan to Replace Russian Gas

CNN's John Defterios says Europe can we need itself off of Russia's natural gas in a controlled way, assuming the other side plays ball. There are three large import energy import terminals being constructed in Germany by very credible multinational mega firms that you would expect to be involved in such projects. They will be responsible for an additional three billion cubic feet, just to Germany. I'm sure that by 2025 or 2026 one third of that whole could probably be filled with LNG.

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