Floating LNG: A Solution for the European Gas Supply Crisis?

To overcome the energy crisis, European countries have been adopting different measures including the switch to coal and renewables, but also to LNG in particular. Germany, the largest natural gas importer among the European Union (EU) countries, is an example of how European countries switch from pipeline gas to LNG. In September 2022, the Netherlands constructed and launched an LNG import terminal in less than 6 months at Eemshaven, and chartered two FSRUs with a total capacity of 8 bcm/year. Together with an expansion of the existing Gate terminal in Rotterdam, this increased the Dutch LNG import capacity to 24 […]