German government looking into financing options for domestic LNG terminal
The German government is considering providing financial support to the construction of what would be the country鈥檚 first liquefied natural gas (LNG) terminal, according to spokesperson Steffen Seibert. While private investors are currently examining different locations and analysing the feasibility and profitability of such a project, 鈥渢he government is looking at the financing options that could be made available in the framework of the existing government programmes,鈥� Seibert said at a government press conference. 鈥淚n view of the CO鈧� issue, gas may play an even greater role in our energy supply in the future,鈥� he added. In the current coalition treaty from early 2018, the government says it wants to make Germany a location for LNG infrastructure. The Wall Street Journal that German Chancellor Angela Merkel told a small group of lawmakers her government had decided to co-finance the construction of a 500