The European Energy Fix

Last summer, the European Parliament classified natural gas and nuclear energy as "green", including qualifying natural gas and nuclear projects on the EU's list of environmentally sustainable economic activities. This new law is helping Europe meet its climate and energy targets for 2030 while solving its major energy crisis.

In response, Germany is leading the way to become an LNG hub in Europe, expanding its capacity through both floating and land-based terminals. The German government is heavily invested in boosting energy capacities to ensure future energy supplies. By 2024, six floating storage and regasification units could allow Germany to handle at least 37 billion cubic meters per year, with the potential to reach 54 billion cubic meters by 2027.

Meanwhile, Italy is also setting ambitious goals, focusing on upgrading existing plant capacities and selecting new offshore sites for two new LNG terminals.

With these efforts, Europe is making strides towards a more diversified and sustainable energy mix.

https://www.forbes.com/sites/davidblackmon/2022/07/06/natural-gas-nuclear-go-green-in-the-eu/amp/
https://www.reuters.com/markets/commodities/germanys-lng-import-project-plans-2023-02-15/

Looks like a long-term need that the American Oil & Gas Industry can meet. If you would like to learn how to benefit from the supply side, feel free to give us a call.
Thank you!

Do you have a strategy to protect your wealth from #recession #inflation #stagflation #hyperinflation #energycrisis?

We offer FREE reviews if you are evaluating an oil well drilling or re-work deal.
Give us a call or send us an email.

Uncover ways to use 1031exchange #funds to #purchase a mineral property.

Visit our website. https://mineralroyaltiesgroup.com/
Listen to and like this video then Subscribe to this channel.

#oilandgas #energy #renewableenergy #offshore #oilfield #petroleum #naturalgas #energytransition #fracking #drilling #sustainability #cleanenergy #energyindustry #energyefficiency #fossilfuels #climatechange #carbonfootprint #oilprices #energynews #energysecurity

This video is meant for educational or entertainment purposes only. This video is not a solicitation. I am not a lawyer, CPA, or financial advisor and I am not giving legal, financial, or tax advice.