A woman cleans the inside of an exhibit depicting a gas pipeline at Nord Stream’s stand during final preparations for the ‘Hannover Messe’ industry fair in Hanover April 15, 2007. REUTERS/Christian Charisius/File Photo

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BERLIN, Feb 27 (Reuters) – Germany will go ahead with plans to build two liquefied natural gas (LNG) terminals and boost its natural gas reserves to reduce its dependence on Russian gas after Russia invaded Germany. Ukraine, Chancellor Olaf Scholz said on Sunday.

“We will do more to ensure a secure energy supply for our country,” he told lawmakers at a special session of the Bundestag called to deal with the Ukraine crisis.

“We need to change course to overcome our dependence on imports from different energy suppliers.” Read more

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Germany has come under pressure from other Western countries to become less dependent on Russian gas, but its plans to phase out coal-fired power plants by 2030 and shut down its nuclear plants have left it with little choice. options.

Earlier this week, Germany halted the $11 billion Baltic Sea gas pipeline project Nord Stream 2, Europe’s most controversial energy project, in response to Russia’s actions toward Ukraine. Read more

Russia has since invaded Ukraine, prompting the West to impose new sanctions on Moscow and making the issue of energy supplies even more pressing. Read more

“The events of the past few days have shown us that a responsible and forward-looking energy policy is decisive not only for our economy and the environment. It is also decisive for our security,” Scholz said on Sunday.

The sooner Germany can develop renewable energy generation, the better, he said.

In addition, Germany will increase the volume of natural gas in its storage facilities by 2 billion cubic meters (bcm) via long-term options and purchase additional natural gas on world markets in coordination with the European Union, did he declare.

Germany has 24 billion m3 of underground gas storage caverns, which are currently around 30% full, according to data from industry group Gas Infrastructure Europe.

Scholz also said on Sunday that Germany would quickly build two LNG terminals, in Brunsbuettel and Wilhelmshaven.

He had signaled his support for the construction of LNG terminals when he was finance minister and vice-chancellor in the previous government, but little progress has been made.

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Reporting by Riham Alkousaa and Maria Sheahan; Editing by Sarah Marsh and Jan Harvey

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