24hoursworld

Energy: EnBW buys even more liquid gas from the USA

Energy: EnBW buys even more liquid gas from the USA

The energy supplier EnBW is going along with the federal government and is increasingly relying on alternative gas imports. More liquid gas is to come from the USA.

The energy supplier EnBW has increased its planned purchases of liquid gas from the USA. The company has increased the purchase volume announced in June this year by Venture Global LNG from Arlington in the US state of Virginia by 0.5 million tons per year, both companies announced on Thursday.

This means that EnBW will purchase 2 million tons of LNG per year from the US company from 2026. The supply contracts have a term of 20 years. In order to become less dependent on Russian natural gas and to strengthen diversification and security of supply, EnBW is supporting the federal government by further expanding access to LNG supplies, said Georg Stamatelopoulos, EnBW board member for sustainable generation infrastructure, according to the announcement.

Source: Stern

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts