Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I know that Union Fenosa is down in Egypt trying set up LNG export facilities.

I have to wonder what the long term impact of LNG is.

Conceivably, with enough loading and unloading infrastructure, I suppose that you could eliminate a lot of these bottlenecks.  Creating a more fungible market like with petroleum today.

Of course it seems like this would involved building a lot of infrastructure at high cost.

It seems like it would be far more prudent for EU governments to subsidize domestic alternatives, so that the EU isn't as dependent on Russian gas.  

And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Fri Aug 15th, 2008 at 06:35:16 AM EST
[ Parent ]

Others have rated this comment as follows: