Liquefied natural gas (LNG) remains the central bridge to Germany’s climate-neutral future if the country may have to resort to coal in the short term, Olaf Scholz, Chancellor of Germany, pointed out…
Olaf Scholz
German LNG import terminal plans put on fast track
Russia’s invasion of Ukraine has forced Germany to take a hard look at its dependence on imports of Russian LNG. With the Nord Stream 2 pipeline project now on indefinite hold, Germany is ramping up plans for two LNG import terminals, one in Brunsbüttel and the other in Wilhelmshaven.
“We have made the decision to rapidly build two LNG terminals in Brunsbüttel and Wilhelmshaven,” said German Chancellor Olaf Scholz in the course of a wide-ranging February 27 speech setting out Germany’s policy in...
Scholz is banking on Europe and Draghi, Digital euro as a complement to cash
Scholz is banking on Europe and Draghi, Digital euro as a complement to cash
Wednesday 20 October 2021 – Vol.12 Ed.42.3
Commentary: Italy and France advance in German agenda
By David Marsh in London
Italy and France look set to top Germany’s European policy agenda if, as expected, Finance Minister Olaf Scholz heads a new Berlin government. There were few hints of concrete European initiatives in the three-party document published on 15 October as a prelude to formal coalition talks between Scholz’s...