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Germany Weathers Energy Crisis With Growing Dependence on American LNG
The share of LNG imports of Germany’s total gas supply rose to 12% in the first half of the year, up from 10% a year earlier, despite the shock supply loss from the Middle East due to the closed Strait of Hormuz, according to data by the…
AI Summary
Germany's energy crisis has been mitigated to some extent by an increase in the country's reliance on American liquefied natural gas (LNG). The proportion of LNG imports in Germany's total gas supply has risen to 12% in the first half of the year, up from 10% in the same period a year earlier.
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