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Germany's Big LNG Deal With Canada May Never Deliver A Single Cargo
Germany's Big LNG Deal With Canada May Never Deliver A Single Cargo
Authored by Andrew Topf via OilPrice.com,
Germany has signed long-term LNG offtake agreements with Canada's Ksi Lisims project, seeking energy security and supply diversification amid heightened geopolitical risks.
Despite the deals, Canadian LNG may never physically reach Germany due to geography, shipping economics, and the lack of Atlantic Coast export infrastructure.
Instead, Germany could use LNG cargo swaps, sending Canadian gas to Asian buyers while receiving equivalent volumes from suppliers closer to Europe.
The Iran war has made supplies of liquefied natural...
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Sep 22, 2026 / Tyler Durden
NYC Tossed Out Roughly 46,000 NYPD Civil Summonses Last Year Due To Errors
NYC Tossed Out Roughly 46,000 NYPD Civil Summonses Last Year Due To Errors
New York City is throwing out tens of thousands of low-level summonses issued by the NYPD, with the department’s reliance on pen-and-paper ticketing contributing to the problem, according to Gothamist.
Of roughly 98,000 civil summonses issued by police during the last fiscal year, about 46,000 were dismissed by the city’s administrative court system, according to data obtained by Gothamist. That works out to roughly 47%.
The tickets stem from offenses such as drinking alcohol in public, public urination, illegal...
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Jun 17, 2026 / Tyler Durden
"Chinese Empire Is Next": Townsend Warns Beijing's Energy Dominance Is Rewriting The Global Order
"Chinese Empire Is Next": Townsend Warns Beijing's Energy Dominance Is Rewriting The Global Order
Veteran energy economist Dr. Anas Alhajji said during last night’s ZeroHedge debate that Iranian crude trading activity reflects a serious peace deal sticking. Alhajji joined Jeff Currie, co-chair of Abaxx Exchange, and Erik Townsend of Macro Voices to weigh in on the Iran deal’s implications for oil prices, which he believes are poised for a significant decline. Townsend, meanwhile, thinks China will come out on top.
Currie, unlike Alhajji, remains bullish crude due to supply constraints and, assuming...
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Sep 17, 2026 / Tyler Durden
IRGC Announces Attack On Another Tanker In Hormuz, As Trump Mulls 'Annihilate Them Or Not' Decision
IRGC Announces Attack On Another Tanker In Hormuz, As Trump Mulls 'Annihilate Them Or Not' Decision
Update(1755ET): While the White House has signaled it wishes to see 'quiet' in the Strait of Hormuz and de-escalation when it comes to Iran, it doesn't seem heavily sanctioned-Tehran is yet willing to see it that way. Another foreign vessel has reportedly been hit, via Sepha News:
IRGC says Togolese-flagged tanker 'Trend' was hit and stopped after a fire, while it stated the tanker violated Hormuz rules and that the US instigated the transit.
Below is a...
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