Nord Stream 2 owner considers insolvency after sanctions

Re:Nord Stream 2 owner considers insolvency after sanctions by 988747 on Tuesday March 01, 2022 @02:10PM (#30518594)

LNG being much more expensive is pretty obvious - transportation costs are something like 90% of the final price. Pipelines are much more effective means of transportation for such things - build once, use for decades, at almost 0 marginal cost.

Reducing gas usage is entirely different topic, it would require to either: invest heavily in nuclear or: reopening of coal-powered plants.

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Re:Nord Stream 2 owner considers insolvency after sanctions by jankeymeulen on Tuesday March 01, 2022 @02:31PM (#30518868)

Belgium (my country) imports about 400% of its domestic use in LNG, to then sell it to neighbouring countries via pipelines. Doesn't make sense if LNG was too expensive.

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Re:Nord Stream 2 owner considers insolvency after sanctions by croes on Tuesday March 01, 2022 @02:44PM (#30519024)

Without russian gas the demand will skyrocket.

LNG is that masses will be expensive and environmental harmful because of the transportation by ship.

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