Shell to book capacity at Germany’s Brunsbuettel LNG import terminal

LNG giant Shell aims to book capacity at the planned Brunsbuettel LNG import terminal in Germany, as part of a new deal revealed on Wednesday.

Shell and German LNG Terminal, the developer of the facility, signed a memorandum of understanding on the import of LNG through the terminal.

According to a joint statement, the duo agreed that Shell would make a long-term booking of a “substantial part” of the Brunsbuettel terminal’s capacity.

“Both parties are currently working towards a binding agreement on the scope and duration of their partnership, and hope to complete it as soon as possible,” the statement said.

Dutch gas grid operator Gasunie recently joined forces with the German government and RWE to build the Brunsbuettel LNG import terminal as the country looks to reduce reliance on Russian gas.

Gasunie will have a 40 percent operating stake in the facility with an annual capacity of 8 billion cbm per year.

RWE, which plans an ammonia facility next to this terminal, will have 10 percent in the facility and the government will hold 50 percent.

Moreover, the terminal will consist of two 165,000-cbm storage tanks and a jetty with two berths for LNG carriers up to QMax size and smaller LNG ships.

It will also have facilities for loading onto tanker trucks, rail tank cars and LNG bunkering ships for distribution.

“Noticeable increase in interest”

“The signed MoU with Shell, as well as the noticeable increase in interest from the market,
demonstrates the importance of the import terminal in Brunsbuettel,” Michael
Kleemiß,
managing director of German LNG Terminal, said.

“We are looking forward to working with Shell as another partner in the coming years and will do everything in our power to drive planning and implementation forward rapidly,” he said.

Fabian Ziegler, managing director of Shell in Germany, welcomed the new deal with German LNG Terminal, saying “it is a key step” in contributing to security of supply in Germany in the near term as well in more widely in Europe.

“LNG is the most flexible form of gas supply, which can adapt quickly to shifting trade patterns and our diverse and flexible global supply portfolio enables us to deliver and import LNG efficiently where it is needed the most,” he said.

Most Popular

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.

Japan’s LNG imports drop in June

Japan’s liquefied natural gas (LNG) imports dropped by 2.8 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

More News Like This

South Korea gets first LNG Canada cargo

The 174,000-cbm GasLog Glasgow, which is carrying the first liquefied natural gas cargo produced at the Shell-led LNG Canada facility in Kitimat, has arrived in Tongyeong, South Korea, according to shipping data.

Gasunie awards contract for German gas pipeline

A unit of Dutch gas grid and LNG terminal operator Gasunie has awarded a contract for the ETL 182 pipeline, which is expected to meet the anticipated rise in gas transport demand driven by LNG terminals in Brunsbüttel and Stade.

LNG Canada to send third cargo

Shell-led LNG Canada is expected to soon ship the third cargo of liquefied natural gas from the Kitimat facility, according to shipping data.

Victrol: LNG London hits bunkering milestone

The Shell-chartered inland bunkering vessel LNG London, owned by a joint venture of Belgium's Victrol and France's Sogestran, has reached a new operational milestone.