As stated by the Minister of energy of the region, the social Democrat Christian Pegel in an interview with RT Deutsch, meaning the construction of LNG terminals in Germany is is that the diversification of sources of hydrocarbons, but not the economic viability.
As noted by the regional Minister, the technology of extraction of LNG, which is used by American specialists, “is in itself more expensive.” The rise in cost is also due to the need of converting gas into liquid, and also the complicated logistics transportation process. According to Mr. Pehela, in the US really fear that their product will not withstand price competition.
however, he acknowledged that in Germany and the EU in General has a huge need for gas supplies from Russia, so you need at whatever was to finish the construction “Nord stream-2”. “Now, at the bottom of the Baltic sea should “lie” 10 billion Euro”, – said the Minister.