LNG Is The American Aid Ukraine Really Needs
Getting any LNG to Ukraine is fraught with numerous pitfalls. The biggest single one is crossing the Bosporus. The Turks won’t allow LNG ships to pass through the strait citing the danger such a transfer would apparently constitute. That’s of course rubbish as LNG has the best safety record of any water-borne commodity. But Turks would like to buy and resell the LNG cutting a juicy margin. Charging for transit won’t do it to them. Modern highwaymen. Better encourage Ukrainian land and economic reform allowing private citizens to own the sub-soil of their surface land and encourage shale production. There are many other and better markets for US LNG. If the US helps shale in Ukraine, that would be even more freedom gas.