BarMalGas to start building Rostock LNG terminal in 2023

Germany’s BarMalGas is planning to start construction on an LNG and bio-LNG terminal in the German port of Rostock this year.

Brandenburg-based and privately-owned BarMalGas revealed this in an emailed statement on Tuesday saying that the terminal is expected to be operational in the first quarter of 2026.

The firm said it took over the previously planned Rostock LNG project at the end of April.

In 2021, Belgium’s Fluxys and Russia’s Novatek decided not to proceed with plans to build a mid-scale LNG transshipment terminal in the port of Rostock.

BarMalGas said in the statement that Rostock Energy GmbH will build a terminal for LNG, bio-LNG, and synthetic LNG (eLNG) in Rostock.

According to the firm, permission under Section 4 of the Federal Immission Control Act (BImSchG) for the construction and operation of the facility has already been granted.

800,000 tons per year

BarMalGas managing director Malwina Olszowiak said in the statement that the new LNG terminal is expected to handle around 800,000 tons of LNG, bio-LNG, and SLNG annually.

She said that up to 1.5 billion cubic meters of “fossil and new gases” can be injected into the German gas transmission network annually.

In addition, up to 70,000 tons of biomethane per year can be liquefied.

Olszowiak said that four tanker loading stations can provide the supply of bio-LNG to up to 3000 LNG-powered trucks annually, reducing environmental footprint by up to 600,000 tons of CO2.

The infrastructure will also be ready to load bunker vessels with LNG.

BarMalGas intends to realize the project together with interested investors and strategic partners.

The company is supported in this by corporate finance advisor Livingstone Partners.

Fueling stations

BarMalGas claims it is one of the leading distributors of LNG and LPG in Germany with a network of 26 service stations and around 2000 customers.

By 2025, BarMalGas plans to switch completely to bio-LNG amd SLNG, and further expand its network of filling stations, it said.

Hydrogen refueling stations are also expected to join BarMalGas’ network from 2026.

Thus, the company’s ambition is to operate the refueling stations network with exclusively renewable fuels, BarMalGas added.

Most Popular

QatarEnergy progresses commissioning of first NFE LNG train

State-owned LNG giant QatarEnergy is progressing with commissioning activities at the first train of the North Field East LNG project in Qatar despite the ongoing Middle East crisis, according to EPC contractor Technip Energies.

Nigeria LNG plans more liquefaction trains

LNG producer Nigeria LNG, a joint venture of NNPC, Shell, TotalEnergies, and Eni, is planning to add more liquefaction trains as it nears the completion of Train 7 at its Bonny Island plant, according to managing director and CEO Adeleye Falade.

Seatrium working on up to nine FSRU opportunities, CEO says

Singapore's Seatrium is looking at six to nine floating storage and regasification unit (FSRU) tenders, according to CEO Chris Ong.
spot_img

More News Like This

Russian LNG production up 10.7 percent in January-June

Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.

Novatek’s H1 net profit down

Russian LNG producer Novatek reported a 3.1 percent drop in its net profit in the first half of this year.

TotalEnergies to complete Arctic LNG 2 stake sale to Novatek in near term, CEO says

French energy giant TotalEnergies expects to complete the sale of a 10 percent stake in the Arctic LNG 2 project to Russian LNG exporter Novatek in the near term, according to TotalEnergies CEO Patrick Pouyanne.

Novatek’s gas sales slightly up in Q2

Russian LNG exporter Novatek reported a slight increase in its natural gas sales, including LNG, in the second quarter of this year.