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

Delfin inks new deals for US FLNG project, eyes FID later this year

Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is moving forward with the project by signing new deals with Siemens Energy, Samsung Heavy, and Black & Veatch.

Venture Global’s Calcasieu Pass LNG gets credit rating boost

Venture Global’s first LNG export facility, Calcasieu Pass, had its credit rating upgraded following the launch of commercial operations in April.

Shell ships first LNG Canada cargo

LNG giant Shell and its partners have shipped the first cargo produced at the LNG Canada facility in Kitimat, on the west coast of Canada.

More News Like This

Shell ships first LNG Canada cargo

LNG giant Shell and its partners have shipped the first cargo produced at the LNG Canada facility in Kitimat, on the west coast of Canada.

Peru LNG shipped five cargoes in June

Peru LNG’s liquefaction plant at Pampa Melchorita has shipped five liquefied natural gas cargoes in June, the same as in the previous month.

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.

LNG carrier arrives to load first LNG Canada cargo

The 174,000-cbm GasLog Glasgow has arrived at the LNG Canada jetty in Kitimat to load the first LNG cargo produced at the Shell-led terminal, an LNG Canada spokesperson told LNG Prime on Saturday.