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The Big Shortage: What happens if Russia turns off the gas?

Many Happy Returns

00:00

The Problem With Liquid Natural Gas

When the invasion of ukraine happened, germany was really dependent on russian gas with 55 % of its supply coming from russia. Now i think they have managed the dialthat down to 35%, but it still looks like they can't replace that supply easily from elsewhere. I think the issue with liquefied natural gas is that youre competing on the global market place, right? And there's this idea that you can outbid asia and bring some more of the ships to europe. But that's not going to be easy to do.

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