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Letzte Aktualisierung: March 22, 2022

The great hunger for liquid gas

Docked – the first shipment of liquefied natural gas from Qatar Petroleum arrives at the LNG terminal in Tianjin
Global demand for liquefied natural gas has spiked due to Russia's assault on Ukraine. Forecasts predict that China will become the largest importer in 2022. On the global market, the People's Republic is thus a direct competitor to Germany. But China is much better prepared for the new fight for LNG.
Ning Wang
Ning Wang
Russia's war on Ukraine is jeopardizing the energy supply of Germany and many other EU countries. Internally, the German government is already discussing contingency plans for which companies and sectors to cut off first in the event of a gas shortage. Germany now wants to end its gas dependence on Russia within a very short time. Just this weekend, Economics and Climate Minister Habeck visited Qatar to secure natural gas imports for Germany. The emirate is one of the world's largest exporters of liquefied natural gas (LNG). But so far, Qatar has been mainly supplying Asia.
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