Major customers conclude contracts: Tempo for LNG

You have to be careful with declarations of intent.

One remembers, for example, the television scene in the Élysée Palace, when the then Daimler boss Dieter Zetsche promised French President Macron that the Mercedes A-Class would soon be built in Lorraine.

The Smart factory planned for this now belongs to a British entrepreneur, and the Smart cars will come from China in the future.

In these days of war, you have to be very careful with promises.

At the same time, clear signals are very important.

In this respect, it is very remarkable that Shell recently made itself a potential major customer of an LNG terminal in Brunsbüttel in a declaration of intent and that ENBW is now doing the same for the LNG terminal in Stade.

Mind you, these terminals for the coveted liquid gas do not yet exist.

But the energy companies secure capacities in an exciting market.

And just the fact that solid addresses are already providing signatures should speed up the approval process.