Natural Gas News – December 15, 2022

By Published On: December 15, 2022Categories: Daily Natural Gas Newsletter

Natural Gas News – December 15, 2022

Germany Eyes Arrival of First LNG Vessel to Ease Gas Crunch

Germany’s first liquefied natural gas terminal is about to arrive on the country’s north coast, the first of several specialist tankers Berlin is counting on to ease its energy crisis. The Hoegh Esperanza, a floating storage and regasification unit, or FSRU, is scheduled to land at Wilhelmshaven on Saturday, according to the German Economy Ministry. The vessel, which converts LNG transported on seagoing vessels into fuel that can be pumped into onshore networks, is expected to start flowing gas next week. The ship’s arrival during northwest Europe’s first major cold snap this winter highlights the need for new gas supplies after Russia slashed deliveries in retaliation for the continent’s support for Ukraine. The resulting jump in energy prices has pushed economies to the brink of recession, forcing governments to…

U.S. Will Become the New Russia, Says Kremlin Stooge

Dmitry Peskov is by far my favorite Russian propagandist. Just about everything he says is so off base it borders on satirical. His sole purpose as Kremlin spokesperson is to convince the media that the endless stream of Russian urine currently flooding the world is actually just rain. And he’s doing a terrible job. Back in March, when Russian gas shipments to Europe were still under negotiations, Peskov claimed it was “hardly possible and reasonable to engage in charity.” If Europe wanted its gas, it would have to pay Putin’s price and in Putin’s currency. Much to Russia’s dismay, Europe agreed that this “charity” was indeed unreasonable, and therefore rejected it. Nord Stream gas was officially off the menu. Europe’s chosen solution is to buy boatloads (literally) of gas from the U…

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