Washington's sabotage of the Nord Stream pipeline makes the Trans-Saharan gas pipeline crucial for Europe which now faces uncertainty. EU concern over Niger's leadership now becomes evident.
Don't worry about the EU getting cut off from African LMG because the USA is ready and eager to supply whatever LNG EU nations need. Ofc just like when the US stepped in to take over the market opened up by the destruction of Nordstream, the EU will be paying a heavy markup over what they would have paid for African LNG. God bless the USA, advancing US national interests, and the power of free markets. Shareholders rejoice!
The last one was taken straight from a Guardian headline, only changing Truss to Sunak where the government campaigned to get people to "reduce their heating to save money". It took a lot of public effort such as the don't pay campaign to block attempts from the government and corporations from raising energy prices too much. Those prices are still going up right now sources and the overall cost of living has gone up ever since the beginning of the war source.
Although inflation has dropped, it's still at an alarming 7.9% and so all the cost increases from last year will only compound in the coming winter, even if the Trans-Sahara pipeline is not affected. Thankfully all the Windsor palaces have pretty good heating and probably can help those who need a hot place to stay.
Interesting. Never heard of it. But it could be that is project will never have been build. Russian gas has been mostly replaced by liquid gas tankers. And the demand of gas is shrinkinhg in Europe.
Thing is that LNG is significantly more expensive and trades on spot markets making prices unpredictable. It's also not possible to ship LNG in same volumes as pipeline gas. Gas in Europe hasn't been so much replaced by LNG as the supply having been reduced leading to the recession and deindustrialization we're now seeing. It's no longer cost effective to do manufacturing in places like Germany, and industry is now shutting down.