Summary
[Germany plans to legislate to speed up the construction of LNG terminals]On April 29, local time, local German media disclosed that the German Federal Ministry of Economic Affairs, the Ministry of Environment and the Ministry of Justice have exchanged opinions on the German LNG terminal project and will formulate laws to speed up the terminal construction. The draft is submitted to the Cabinet for approval. The act “is designed to complete all approval and approval procedures faster than the current law, award public contracts and concessions, and obtain expedited approval for the rapid integration of LNG into the German market.” (CCTV News Client)
On April 29, local time, local German media disclosed that the German Federal Ministry of Economic Affairs, the Ministry of Environment and the Ministry of Justice had exchanged views on the German LNG terminal project and submitted a draft law to accelerate the terminal construction to the cabinet for approval.The bill’s “purpose is to complete all approval and approval processes faster than current law, granting publiccontractand concessions, and fast-track approval for the rapid integration of LNG into the German market. “
It is reported that the bill will also give the approval authority the power to temporarily suspend certain requirements under certain conditions, such as environmental impact assessment, which will also allow the construction of the LNG receiving terminal to be approved and put into use sooner.
Since Russia announced that it will stop supplying natural gas to Poland and Bulgaria, Germany hopes to get rid of its dependence on Russian natural gas as soon as possible. Currently, several ports in northern Germany have plans to build LNG terminals.
(Article source: CCTV News Client)