this post was submitted on 31 Aug 2023
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[โ€“] Zippy@lemmy.world 7 points 2 years ago (1 children)

Rather expected. Local production of ng is no longer increasing on the EU countries that produce it. Pretty much all EU producers have stopped any increases of production or CapEx with the introduction of windfall taxes. Pretty much the EU has sent all that investment into countries not so friendly and in the long term they are going to be very reliant on countries that produce LNG. Russia being one.

Good job ensuring these less friendly countries become energy giants. Worked well with Russia.

[โ€“] ExLisper@linux.community 3 points 2 years ago

And with all the middle eastern countries USA is friendly with.