7 April 2022

The US will be the ultimate winner of Ukraine’s crisis

JANAN GANESH

From 2026, if all goes well, liquefied natural gas will arrive via tanker on the shores of northern Germany, will pour into cryogenic storage vats set to minus 160C, and then “re-gasify” before coursing through the grid in place of Russian imports. Germany has no LNG terminal at present. Within 72 hours of Vladimir Putin’s invasion of Ukraine, it expedited the construction of two. Of the exporters that stand to profit, the US is nearer than Australia and, unlike Qatar, won’t leave Berlin exposed to another erratic autocracy.

Germany has no LNG terminal at present. Within 72 hours of Vladimir Putin’s invasion of Ukraine, it expedited the construction of two. Of the exporters that stand to profit, the US is nearer than Australia and, unlike Qatar, won’t leave Berlin exposed to another erratic autocracy.

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