Germany’s DET to hold regas capacity auctions

DET will offer terminal capacities for regasification, LNG storage, and sendout to the grid for the year 2025 at the Wilhelmshaven II terminal, and 2026 for the Brunsbüttel, Wilhelmshaven I, and Wilhelmshaven II facilities.

According to a statement by DET, the products will include capacities with both obligation to deliver (OTD) and no obligation to deliver (NOTD).

The auctions are scheduled to take place via the PRISMA platform between June 23 and July 2.

DET said that it will publish a detailed auction schedule “shortly.”

The LNG terminal developer just received the first commissioning cargo at its second FSRU-based terminal in Wilhelmshaven.

The 174,000-cbm Energy Endurance, owned by Alpha Gas, delivered the shipment from Venture Global LNG’s Plaquemines LNG export plant in Louisiana to Excelerate’s 138,000-cbm FSRU Excelsior in Wilhelmshaven.

Last month, the FSRU Excelsior docked at a new jetty, two kilometers south of the already operational Wilhelmshaven 1 terminal, to start serving the second FSRU-based terminal.

Earlier this year, DET allocated all of the 2025 regasification slots offered at the Brunsbüttel and Wilhelmshaven I terminals.

DET offered 17 Wilhelmshaven 1 slots (6 OTD and 11 NOTD) and 27 Brunsbüttel slots (3 OTD and 24 NOTD).

Before this, DET allocated six regasification slots for the first quarter of 2025 at the two FSRU-based facilities.