November 2, 2018 / 2:46 PM / 15 days ago

Merkel: Germany will accelerate plans to build LNG terminal

Germany's Chancellor Angela Merkel attends a news conference with Poland's Prime Minister Mateusz Morawiecki during a meeting in Warsaw, Poland, November 2, 2018. Agencja Gazeta/Slawomir Kaminski via REUTERS

WARSAW (Reuters) - Chancellor Angela Merkel said on Friday that Germany would speed up its plans to build a liquefied natural gas (LNG) terminal as Europe’s largest economy seeks to diversify its energy supply.

Merkel also said that Ukraine would remain an important gas transit country once the Nord Stream 2 pipeline is built. Critics of the project say it will deprive Ukraine of lucrative gas transit fees and increase the dominance of Russian gas monopoly Gazprom.

Reporting by Reuters Television; Writing by Michelle Martin; Editing by Thomas Escritt

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