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l. n. g trade. what's happening is the companies that hold those long term contracts with u. s. l n g producers. they're marking that up and earning that margin in the european market. it's not the u. s. l n g company. it's basically european, headquartered international oil companies and traders. remember when you, as president joe biden came here to europe, back in march to plotted the european union, sanctioning russia, cutting off its own russian energy source of the process. and promised to help europe replace that source with american energy. well, apparently european leaders didn't read the fine print or fully consider the implications of what they were signing on to, which was basically european dependence on american energy and whatever price they want to set that at the u. s. government is now denying responsibility for the high gas prices of their exports, flaming european energy company markups, and now fed up european officials want to speak to the manager, but don't really seem to know who that is. maybe it's uncle sam, maybe in the world trade organization. here are the french and
l. n. g trade. what's happening is the companies that hold those long term contracts with u. s. l n g producers. they're marking that up and earning that margin in the european market. it's not the u. s. l n g company. it's basically european, headquartered international oil companies and traders. remember when you, as president joe biden came here to europe, back in march to plotted the european union, sanctioning russia, cutting off its own russian energy source of the process. and promised...
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company and u. u. s. oil giant pinocchio phillips will c l n g. the liver to germany's northern bronze buttle terminal. germany has been scrambling for new sources of gas to replace russian supplies in the wake of the war in ukraine. christoph rule is from the center of global energy policy at columbia university. thank you for being here, christoph. so in terms of actually replacing the rush and gas flows that germany wanted to win itself off of how much will this deal actually help? good morning. so it's not going to be of a magnitude which changed the gas for that's for gas for. ready for germany or europe, it amounts to about 3 percent of germany used to consume in 2021 before the war started. but it's a start and as they say in english now, every little helps. and i think there are 3 important points of the background here which, which, which are worth mentioning. the 1st one is this is the 1st time of course for germany to engage in that kind of contract. and to keep one of his terminal busy. this comes into bon spittle starts only in 2026,
company and u. u. s. oil giant pinocchio phillips will c l n g. the liver to germany's northern bronze buttle terminal. germany has been scrambling for new sources of gas to replace russian supplies in the wake of the war in ukraine. christoph rule is from the center of global energy policy at columbia university. thank you for being here, christoph. so in terms of actually replacing the rush and gas flows that germany wanted to win itself off of how much will this deal actually help? good...
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company and u. u. s. oil giant pinocchio phillips will see l n g, the liver to germany's northern bronze buttle terminal. germany has been scrambling for new sources of gas to replace russian supplies in the wake of the war. in ukraine. christoph rule is from the center of global energy policy at columbia university. thank you for being here, christoph. so in terms of actually replacing the rush and gas flows that germany wanted to win itself off of how much will this deal actually help.
company and u. u. s. oil giant pinocchio phillips will see l n g, the liver to germany's northern bronze buttle terminal. germany has been scrambling for new sources of gas to replace russian supplies in the wake of the war. in ukraine. christoph rule is from the center of global energy policy at columbia university. thank you for being here, christoph. so in terms of actually replacing the rush and gas flows that germany wanted to win itself off of how much will this deal actually help.
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u. s. company to delivered liquefied natural gas or l n. g. to germany as plants boy till port on the north sea coast from 2026 got our energy and canoga phillips signed 2 agreements, promising ellen gee imports up to 2000000 tons annually. this is catherine 1st major supply deal with germany for the 1st 15 years as great. these obviously seem to be good conditions. i wouldn't mind 20 years or longer contracts at all, but the companies just have to know that the declining side in germany will then decrease at some point if we want to meet the climate for touch and targets that as well known. the count harvick also said german companies are securing flows from different suppliers, and katara is just one of them. the gulf nation has the world's 3rd largest gas reserves behind russia and iran. this gives dough hired to her on an edge in energy exports. the latest gas deal with germany come soon after cut are also signed a long term deal with china spanning 27 years. well at the world cup and keta iran face united states in a crucial group be much
u. s. company to delivered liquefied natural gas or l n. g. to germany as plants boy till port on the north sea coast from 2026 got our energy and canoga phillips signed 2 agreements, promising ellen gee imports up to 2000000 tons annually. this is catherine 1st major supply deal with germany for the 1st 15 years as great. these obviously seem to be good conditions. i wouldn't mind 20 years or longer contracts at all, but the companies just have to know that the declining side in germany will...
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u. s. company to delivered liquefied natural gas or l n. g to germany is plenty boy to port on the north sea coast from 2026. got our energy and kanaka phillips signed 2 agreements, promising l n g imports up to 2000000 tons annually. this is katara is 1st major supply deal with germany or the 1st 15 years is great. these obviously seem to be good conditions. i wouldn't mind 20 years or longer contracts at all, but the companies just have to know that the declining site in germany will then decrease at some point if we want to meet the climate protection targets that is well known becomes havoc also said german companies are securing flows from different suppliers and katara is just one of them. the gulf nation has the world's 3rd largest gas reserves behind russia and iran. this gives dough hired to her on an edge in energy exports. the latest gas deal with germany come soon after that there are also signed a long term deal with china spending 27 years of security forces of ended a 12 hour hotel sage, by millison, in the somali capital marke
u. s. company to delivered liquefied natural gas or l n. g to germany is plenty boy to port on the north sea coast from 2026. got our energy and kanaka phillips signed 2 agreements, promising l n g imports up to 2000000 tons annually. this is katara is 1st major supply deal with germany or the 1st 15 years is great. these obviously seem to be good conditions. i wouldn't mind 20 years or longer contracts at all, but the companies just have to know that the declining site in germany will then...