Germany inks LNG supply deal for two FSRU terminals

Germany has signed a memorandum of understanding with RWE, Uniper, EnBW, and VNG for the supply of liquefied natural gas to two FSRU-based LNG import terminals.

German Economy and Climate Change Minister, Robert Habeck, signed the memorandum on Tuesday with officials from the energy firms.

With this memorandum, the two planned FSRU-based facilities in Wilhelmshaven and Brunsbuettel would be fully supplied until March 2024, Habeck said after the signing of the memorandum.

According to a statement by the German economy ministry, the parties will now work to finalize the legally binding contracts for the two terminals which will have a capacity of up to 12.5 bcm per year.

Germany is moving quickly with its plans to build infrastructure and become a major LNG importer, and has introduced the LNG acceleration law and chartered four FSRUs.

These vessels include the two units RWE chartered from Hoegh LNG, and the Dynagas-owned 174,000-cbm Transgas Force and Transgas Power that will go on charter to Uniper.

Uniper has already started building Germany’s first FSRU-based LNG facility in Wilhelmshaven and expects to commission it this winter, while Dutch gas grid operator Gasunie said it expects the Brunsbuettel FSRU-based LNG import terminal to go online by the end of this year.

Such as the Uniper facility, the Brunsbuettel terminal will host one of the four chartered FSRUs as well. RWE will probably install one of the two FSRUs it chartered from Hoegh.

Uniper and RWE will operate these facilities until a special purpose vehicle takes over the operation, according to the ministry.

Besides these two terminals, Germany has also chosen Stade and Lubmin as the next two locations to install the chartered units.

Deutsche ReGas, which is developing an LNG import terminal at the German port of Lubmin, also recently signed a term sheet with French energy giant TotalEnergies under which the latter would provide an FSRU for the project.

Most Popular

NextDecade takes FID on fourth Rio Grande LNG train

US LNG firm NextDecade has made a final investment decision on the fourth train at its Rio Grande LNG facility in Texas.

Shell pens US LNG supply deal with Edison

UK-based LNG giant Shell has signed a long-term deal to supply US LNG to Italian energy firm Edison, a unit of EDF.

YPF CEO expects FIDs on FLNG projects with Eni, Shell in 2026

YPF CEO Horacio Marin confirmed on Wednesday that the state-owned oil and gas company and its partners Eni and Shell expect to take final investment decisions on two stages of the Argentina LNG project in 2026.

More News Like This

Deutsche ReGas: BASF, Equinor book Mukran regas capacity

German chemicals giant BASF and Norwegian energy firm Equinor have booked long-term regasification capacity at the Deutsche ReGas-operated FSRU-based LNG import facility in Mukran, Germany.

Germany’s DET launches commercial ops at second Wilhelmshaven FSRU

Germany's LNG import terminal operator DET will launch commercial operations at its second FSRU-based terminal in Wilhelmshaven on Friday, following the completion of a commissioning phase.

DET’s first Wilhelmshaven FSRU gets 100th LNG cargo

Germany's LNG import terminal operator DET has received the 100th cargo of liquefied natural gas at its first FSRU-based terminal in Wilhelmshaven. Venture Global LNG's vessel Venture Gator delivered the shipment from the US.

Tourmaline, Uniper seal long-term gas supply deal

Canada’s largest natural gas producer Tourmaline said it had entered into a long-term LNG feed gas supply agreement with Uniper.