German FSRU terminal operator starts operations

The German government has established a new state-owned company to manage five FSRU-based LNG import terminals.

According to a statement by Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK), the newly established firm, Deutsche Energy Terminal GmbH (DET), launched operations on Monday.

BMWK is responsible for the management of the new firm that is 100 percent owned by the German government.

Also, Peter Röttgen has been appointed as managing director of DET.

The company will operate the five FSRUs Germany chartered from Hoegh LNG, Dynagas, and Excelerate Energy, and the accompanying infrastructure at Wilhelmshaven, Brunsbüttel, Stade, and Lubmin.

DET holds the charter contracts for the vessels and is responsible for the technical and commercial operation of the FSRU-based terminals, BMWK said.

The new company cooperates with a large number of partners, including gas traders, shipowners, port operators, network operators, and the authorities, it said.

Germany’s first FSRU-based import facility in Wilhelmshaven, operated by Uniper on behalf of the government, has received its second LNG tanker this week while Deutsche Regas officially launched its FSRU-based LNG import terminal in Lubmin, Germany’s second such facility, on Saturday.

The Deutsche ReGas facility is the first and currently the only private FSRU-based LNG import project in Germany.

The next government-backed project is the new Elbehafen LNG import terminal in Brunsbüttel, led by RWE.

Hoegh Gannet is expected to arrive in Brunsbüttel later this month and receive its first cargo from Adnoc as well.

The other three FSRU-based terminals should go online later this year as well.

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