Hanseatic extends non-binding open season for Stade LNG capacity

Hanseatic Energy Hub has extended the non-binding phase of an open season to test market interest in its Stade LNG import terminal in the northern German town.

To remind, the Stade LNG terminal developer launched the open season back in December saying then the non-binding phase would run until February 1, 2021.

However, in the meantime, the firm says it has been talking to “lots of market players” and in response to requests, it has extended the non-binding phase to February 15.

Besides the open season, Hanseatic revealed in December that Swiss-based private equity firm Partners Group has taken a shareholding in the German company on behalf of its clients.

Partners Group will support Hanseatic towards the construction and operation of its LNG terminal in the vicinity of the Port of Hamburg, the firm said.

Hanseatic did not disclose further information regarding the transaction.

Located on the Elbe river within the Dow industrial park, the terminal will have a 12 Bcm/year capacity, making it the largest planned LNG terminal in northern Germany.

Besides offering send-out to the German gas grid and for local consumption, the facility will also enable reloading to LNG tankers, river barges for bunkering, trucks and on-site rail. Plans also include hydrogen and bio-LNG.

Hanseatic says its team includes LNG infrastructure, energy, port specialists, and external experts.

The partners aim to start construction of the facility in 2022 and launch it in 2026.

Most Popular

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.

Flex eyes LNG carrier order

Norwegian owner Flex LNG is exploring with new and existing partners to join the company in ordering new liquefied natural gas (LNG) carriers, according to interim CEO Marius Foss.

Woodside working to charter vessels to ship Louisiana LNG cargoes, CEO says

Australian LNG player Woodside is currently working through how many chartered liquefied natural gas carriers the company will need to ship cargoes from its Louisiana LNG export terminal in the US, according to CEO Meg O’Neill.

More News Like This

Stade FSRU arrives in Jordan

The 174,000-cbm FSRU Energos Force has arrived in the Jordanian port of Aqaba, according to Egypt's Ministry of Petroleum and Mineral Resources. State-owned German LNG terminal operator DET sub-chartered this 2021-built FSRU for deployment in Jordan, as it works on the next steps for the delayed Stade LNG import facility in Germany.

DET says Stade FSRU to be deployed in Jordan

State-owned German LNG terminal operator DET has sub-chartered the 2021-built 174,000-cbm FSRU, Energos Force, for deployment in Jordan, as it works on the next steps for the delayed Stade LNG import facility in Germany.

Germany’s HEH names new CEO

Germany’s Hanseatic Energy Hub, the developer of the Stade LNG import terminal near Hamburg, has appointed Arjen Schampers as its chief executive officer.

DET terminates Stade FSRU contract with HEH

State-owned German LNG terminal operator DET has terminated the contract related to the Stade FSRU-based facility with compatriot Hanseatic Energy Hub, the developer of the onshore LNG terminal in Stade.