Brussels approves ?4 billion in German subsidies for LNG terminals

NAMPA / DPA

2024-12-20

Brussels (dpa) - The European Commission on Friday gave the green light for German subsidies worth ?4.06 billion ($4.2 billion) for the operation of four floating terminals for the import of Liquefied Natural Gas (LNG). The so-called storage and regassification units were chartered in 2022 and are operated by state-owned Deutsche Energy Terminal on Germany's North Sea coast. The approved state aid "significantly contributes to ensuring continuity......

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