Germany plans two LNG terminals as Russia crisis deepens
Government acts to shore up energy supplies with new gas sources but insists policy dovetails with net-zero transition
Germany will “rapidly” build two LNG import terminals and bolster its strategic reserves of both gas and coal as it looks to secure its energy supplies amid the crisis triggered by Russia’s invasion of Ukraine, Chancellor Olaf Scholz said on Sunday. The government said in late February that it would not certify the Nord Stream 2, which runs from Russia directly to Germany, in response to the invasion. Germany imports about 60pc of its natural gas from Russia. “We will change course in order to eliminate our dependence on imports from individual energy suppliers,” Scholz says. “After all, the events of recent days and weeks have shown us that responsible, forward-looking energy policy is not
Also in this section
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy






