LNG and Energy Transition
Pangea‘s geological breakthrough focus includes the modernization of gas infrastructure and USA LNG supply into Central and East Europe (CEE) and Central Asia.
- Expanding US LNG Exports via the Bulgarian Distribution System from Greece and Turkey to CEE
- Recruit US Companies into Transatlantic Partnerships with Eastern Europe
- Modernize EU District Heating Systems including Smart Meetings, Energy Efficiency, New Pipelines
2024 results include securing an $840 million letter of interest from US and winning a $55 million gas pipeline bid with our US and EU partners.
The US Is a World Leader in Natural Gas Production
Pangea seeks to help Europe’s energy security transition by facilitating the US LNG into 14 countries.
Pangea’s transatlantic partners are the key to bringing production and supply, liquefaction, maritime transportation, regas terminal capacity, transit pipelines and financing together.
Graph 3: European Natural Gas Consumption by country, sources of supply, and terminals – the complex web of terminals, their ownership structure and operators, TSOs (Transmission Systems Operators), government and private traders and distributors utilities, storage facilities and financing, needs careful navigation across both sides of the Atlantic.
Source: Le Mond Diplomatique 2020