RE:RE:RE:condensate hedges ended at start 2022 You did not pay attention to what I wrote. There is plenty of terminal capacity to expand the amount of LNG going into Germany But the government wants one on German territory. Infrastructure of that size, unless it is government owned, does not get an FID without take or pay contracts.
The promoters in Germany cannot get any locked in contracts (except for GoldboroLNG, but that Sales Agreement is dead now). Two of the terminals have been shelved, include the one by Uniper.
Terminals in Germany are not commercially viable- unless there is very large government investment (subsidy).... which even previous governments would not do. And now a Green is the Economy Minister that controls those purse strings.
ofirme wrote: lng facilities in Germany are financially viable - especially fsru units.
As far as limitless supply from the u.s - you are extremely wrong. lng facility is > $8B per 1bcf/d.
The u.s ships a lot to latin america, asia, europe & middle east. most of the long term contracts
are with marketers and not final customer. on top of that, the lane to Germany from the eastern
canadian potential facility saves days of ship vs the gulf facilities.
I still believe the only private entity with ability to take action here is Enbridge. they own the
pipeline as well.