The Biden administration promised to destroy the Nord Stream pipelines multiple times and then magically they were blown up... had nothing to do with it. Genius I tell you! Just genius!
Posted on 10/18/2022 7:15:00 AM PDT by Oldeconomybuyer
LONDON/MADRID (Reuters) - Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this "exceptional situation".
Europe is facing an energy supply squeeze as Russia has progressively cut gas flows after the West imposed sanctions in response to Russia's invasion of Ukraine in late February.
The region has had to find alternative supplies, including LNG, but the arrival of multiple cargoes of the superchilled fuel has exposed Europe's lack of "regasification" capacity, as plants that convert the seaborne fuel back to gas are operating at maximum limit.
If the backlog is not cleared soon those ships may start looking for alternative ports outside Europe to offload their cargo.
There are more than 35 LNG-laden vessels drifting off Spain and around the Mediterranean, with at least eight vessels anchored off the Bay of Cadiz alone.
There are also LNG vessels at anchor near other European countries which could mean dozens more are waiting, one source with knowledge of the situation said.
(Excerpt) Read more at reuters.com ...
Media again great at the WHAT, nothing on the WHY
After NS sabotage no idiot is going to invest in infrastructure.
Well, this is OBVIOUSLY Trump’s fault! *SMIRK*
OR the fact that much (most?) of this NG is from the USA leading to high prices and shortages here.
The huge new cruise ships use LNG
One of the few refueling stations is at the Port of Barcelona ...
Port Canaveral and Miami are 2 here and Galveston will be next year ...
The cruise ships can go about 2 weeks between refueling ...
The Biden administration promised to destroy the Nord Stream pipelines multiple times and then magically they were blown up... had nothing to do with it. Genius I tell you! Just genius!
Prolly make good targets.
Drill baby drill helps the U.S. in many ways, encouraging other nations to be friendly to us.
Blocking drilling helps Russia keep other nations chained up in Putin's harem.
p
“The region has had to find alternative supplies, including LNG, but the arrival of multiple cargoes of the superchilled fuel has exposed Europe’s lack of “regasification” capacity”
Who coulda seen hat coming?
They should just make a regasification law. Solve the problem like Newsom in California.
641 active LNG tankers in the world...
641 active LNG tankers in the world...
If they can safely and predictably unload their cargoes, they might keep Europe from freezing this winter.
And maybe more elsewhere...
Oh, the EU did the same asinine thing as was done out here in CaCLAND. We/THEY got rid of most of our ability to refine oil — evil stuff, yah know. Almost as much a sin as nuklur. So, most of our gasoline is imported.
So, EU lacks the capacity to convert LNG to what citizens can burn?
Imagine my surprise.
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