Deutsche ReGas offers short-term regas capacity

LNG terminal operator Deutsche ReGas is offering short-term regasification capacity at the planned FSRU-based LNG import terminal in the German port of Mukran.

The German firm led by Ingo Wagner and Stephan Knabe said in a statement that it expects these capacities to be available from April 2024 at the “Deutsche Ostsee” terminal in the industrial port of Mukran.

“In a digital auction starting on November 16, 2023, market participants can bid for slots for
short-term regasification capacities in 2024 at the planned Mukran-based terminal,” it said.

In August, the LNG terminal operator said that companies have booked all of the offered regasification capacities at the terminal.

Moreover, this followed the conclusion of the binding open season as part of the second phase of the “Deutsche Ostsee” LNG terminal on the island of Rügen.

“After the long-term capacities were fully booked in August of this year, we would now like to tender short-term capacities in the market supporting energy security and price stability,” Wagner said in the statement.

Transgas Power on way to Germany

Deutsche ReGas officially launched its Lubmin FSRU-based LNG import terminal in January this year.

Deutsche ReGas chartered the 2009-built 145,000-cbm, FSRU Neptune, from French energy giant TotalEnergies for this project.

The 5.2 bcm facility is the first private LNG terminal in Germany besides the government-backed facilities.

The company also confirmed in June that it plans to install the 174,000-cbm FSRU Transgas Power, owned by Dynagas, to serve the LNG import terminal in the port of Mukran.

According to its AIS data, Transgas Power recently visited Sempra’s Cameron LNG terminal in Louisiana and is expected to arrive in Lubmin around October 26.

This FSRU will work along the FSRU Neptune in Mukran as part of the second phase of the LNG terminal.

Also, Deutsche Regas plans to move the FSRU Neptune from Lubmin to the Mukran port later this year.

Winter of 2023/24

The second phase of the terminal will have a capacity of up to 13.5 bcm per year, Deutsche ReGas said.

Besides the two units, the terminal will connect to the gas transmission network via a new Mukran-Lubmin connecting pipeline.

Germany’s Gascade, which built the Lubmin LNG pipeline, is in charge for this pipeline as well.

According to Deutsche Regas, the firm expects to launch the FSRU-based facility in the winter of 2023/24.

This terminal has faced strong opposition from environmental groups in Germany.

In addition to its LNG business, Deutsche Regas plans to produce green hydrogen in Lubmin.

The company recently started the front-end engineering and design (FEED) phase for a large-scale electrolysis plant.

This plant will separate water into hydrogen and oxygen with the help of renewable electricity.

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