[KostiaFM]

August 24. It will take Germany years to switch to Canadian gas​​​​​​​

German Chancellor Olaf Scholz said that Germany intends to move away from Russian natural gas as soon as possible and switch to Canadian. Earlier, the Prime Minister of Canada has already noted that LNG exports to Germany are possible.

However, despite Canada's willingness to partner with Germany, experts doubt that additional gas shipments may arrive from there in the near future due to the lack of export capacities.

Currently, Canada does not have the infrastructure to export gas abroad – the country is currently only building 2 terminals on the west coast. But it will take at least 3 years to complete the construction of the first terminal, and by that time Europe will have already abandoned Russian fuel. Therefore, it would be more realistic for Germany to turn to countries such as Norway for gas.

Since the introduction of sanctions against Russia, Canada has stated that it has the ability to produce an additional 200,000 barrels of oil and 100,000 barrels of natural gas per day, but due to the lack of infrastructure for export abroad, the vast majority of this fuel is purchased by the United States, which has become the world's largest supplier of LNG.

Before the start of the special operation in Ukraine, Russia supplied 32% of the LNG consumed by Germany. Due to European sanctions, Germany has become one of the countries that have suffered the most due to Europe's rejection of Russian energy resources.