[the_ad id="121217"]

popular articles

Germany confirms LNG terminals

As Germany needs to reduce its dependence on Russian gas, two LNG terminals were launched this month.

Please share:

As Germany needs to reduce its dependence on Russian gas, two LNG terminals were launched this month.

An increase in costs

Germany has just launched its first two LNG terminals. This is just the beginning, as six floating storage and regasification units (FSRUs) are expected to be commissioned before the end of 2023. Four sites will be able to accommodate them.

The German government has already concluded leases for five of the FSRUs. These structures are capable of importing at least 5 billion cubic meters of gas per year. However, the costs of FSRUs have exploded.

In fact, they will cost twice as much as the public funds initially planned. However, the government approved the budget in view of the strategic importance of these facilities. The first site in Germany is Wilhelmshaven, which is to receive two FSRUs for LNG.

Uniper will develop this project. The first FSRU is already in operation since November 15. The second one is scheduled to come into service in the fourth quarter of 2023.

A strategic distribution

This site will later be converted to process hydrogen and clean ammonia and to host electrolysis processes. The second location is Lubmin in the Baltic Sea. The private sector has already chartered an FSRU there.

This has been connected to the onshore pipeline systems since December 25. The site is expected to receive a government-leased FSRU in 2023. Brunsbuettel will also host an FSRU that will begin operating in the coming months.

Gasunie, the Dutch gas network operator, has a 40% stake in the project. It includes the creation of two associated pipelines. Finally, the last location in Germany to receive LNG imports will be the port of Stade.

It will receive an FSRU by the end of 2023. EnBW has positioned itself as a buyer. This should result in a final investment decision next year.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Algeria strengthens its position in the European energy market with a new agreement between Sonatrach and ČEZ Distribuce for the supply of natural gas, meeting the Czech Republic's growing demand for energy diversification.
TotalEnergies signs a deal to supply 2 million tons of LNG to Sinopec over 15 years
TotalEnergies signs a deal to supply 2 million tons of LNG to Sinopec over 15 years
Record Volumes for LNG Futures in October on ICE
Record Volumes for LNG Futures in October on ICE
Gas consumption in Germany falls for the second consecutive year
Gas consumption in Germany falls for the second consecutive year
[the_ad id="121209"]
[the_ad id="121211"]
EU’s Energy Security Strengthened: Gas Storage Surpasses Targets Before Winter
The EU Invests in a New Gas Corridor to Secure LNG Supply from the U.S.
The EU Invests in a New Gas Corridor to Secure LNG Supply from the U.S.
Liquefied natural gas (LNG) prices in the Eastern Mediterranean are falling, impacted by weak European demand and reduced shipping costs while gas reserves remain high.
Liquefied natural gas (LNG) prices in the Eastern Mediterranean are falling, impacted by weak European demand and reduced shipping costs while gas reserves remain high.
Finnish court orders the seizure of Russian assets in response to a request by the Ukrainian company Naftogaz, as part of enforcing a $5 billion arbitration award for losses in Crimea.
Finnish court orders the seizure of Russian assets in response to a request by the Ukrainian company Naftogaz, as part of enforcing a $5 billion arbitration award for losses in Crimea.
[the_ad id="121213"]
[the_ad id="121214"]
As India's demand for natural gas surges rapidly, domestic production remains insufficient, pushing the country to increase its reliance on imports to secure its energy future.
Baker Hughes will supply Petrobras with 77 km of flexible pipes to develop oil and gas reserves in the Santos Basin, a strategic area off Brazil's coast. This partnership strengthens Brazil's energy autonomy.
Baker Hughes will supply Petrobras with 77 km of flexible pipes to develop oil and gas reserves in the Santos Basin, a strategic area off Brazil's coast. This partnership strengthens Brazil's energy autonomy.
Kuwait is committed to reducing greenhouse gas emissions and achieving carbon neutrality by 2050. The plan integrates an increase in liquefied natural gas (LNG) imports, an extensive carbon capture project, and the development of electric vehicle infrastructure.
Kuwait is committed to reducing greenhouse gas emissions and achieving carbon neutrality by 2050. The plan integrates an increase in liquefied natural gas (LNG) imports, an extensive carbon capture project, and the development of electric vehicle infrastructure.
With increasing sanctions against Russian LNG, an evasion ecosystem is emerging in various global hubs, fostering transactions in local currencies and a parallel trade network.
With increasing sanctions against Russian LNG, an evasion ecosystem is emerging in various global hubs, fostering transactions in local currencies and a parallel trade network.
Ukraine on the Verge of Winter: Insufficient Gas Reserves Face Consumption Challenges
Turkmenistan is intensifying efforts to extinguish the burning Darvaza crater, a major source of methane emissions for 50 years, strengthening its environmental policy against climate change.
Turkmenistan is intensifying efforts to extinguish the burning Darvaza crater, a major source of methane emissions for 50 years, strengthening its environmental policy against climate change.
GTT's revenue reached 465 million euros in the first nine months of 2024, up 54.9%. This growth is driven by strong LNG demand, fueling orders for LNG carriers to meet global needs.
GTT's revenue reached 465 million euros in the first nine months of 2024, up 54.9%. This growth is driven by strong LNG demand, fueling orders for LNG carriers to meet global needs.
France: CGT warns of 2,200 job cuts at GRDF by 2028
France: CGT warns of 2,200 job cuts at GRDF by 2028
[the_ad id="121219"]
Shell Energy acquires a 609 MW combined-cycle power plant in the ISO New England energy market, further strengthening its position in the U.S. gas and electricity sector.
Germany's SEFE has concluded a gas purchase deal with U.S. company ConocoPhillips for the delivery of 9 billion cubic meters of gas over 10 years, as part of a new business partnership.
Germany's SEFE has concluded a gas purchase deal with U.S. company ConocoPhillips for the delivery of 9 billion cubic meters of gas over 10 years, as part of a new business partnership.
France assures it has the necessary infrastructures to meet its gas needs this winter while supporting its European neighbors, despite potential drops in temperatures.
France assures it has the necessary infrastructures to meet its gas needs this winter while supporting its European neighbors, despite potential drops in temperatures.
Singapore launches a new liquefied natural gas (LNG) terminal of 5 million tons per year at Jurong Port. This floating facility enhances flexibility and strengthens the country's energy supply.
Singapore launches a new liquefied natural gas (LNG) terminal of 5 million tons per year at Jurong Port. This floating facility enhances flexibility and strengthens the country's energy supply.
The Matterhorn Express pipeline, inaugurated in September 2024, revolutionizes natural gas transportation in the Permian Basin, enhancing producers' profitability and stabilizing gas prices at the Waha hub.
Iraq, among the largest emitters of flaring, is seeking to attract Western investors to develop its gas sector and decrease harmful emissions.
Iraq, among the largest emitters of flaring, is seeking to attract Western investors to develop its gas sector and decrease harmful emissions.
Faced with a shortage of gasoil affecting service stations in its central provinces, Iraq is turning to Kazakhstan to obtain 20 million cubic meters of natural gas to stabilize its energy supply.
Faced with a shortage of gasoil affecting service stations in its central provinces, Iraq is turning to Kazakhstan to obtain 20 million cubic meters of natural gas to stabilize its energy supply.
Venture Global LNG informs Edison SpA of a delay in deliveries until April 2025, resulting in significant financial and contractual repercussions for both parties.
Venture Global LNG informs Edison SpA of a delay in deliveries until April 2025, resulting in significant financial and contractual repercussions for both parties.

Advertising