Pangea‘s geological breakthrough focus includes modernization of gas infrastructure and USA LNG supply into Central and East Europe (CEE), including:
- 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 with smart meeting, energy efficiency, new pipelines
The United States 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.
Graph: Source: Business Insider 2021
Pangea’s transatlantic partners are the key to facilitate bringing production and supply, liquefaction, maritime transportation, regas terminal capacity, transit pipelines and financing together
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