FACTBOX-Germany builds up LNG import terminals

Reuters11-19 19:50
FACTBOX-Germany builds up LNG import terminals

Updates with links to gas transit story, court validating Lubmin's permits, electrolysis plans at Stade and Wilhelmshaven

Nov 19 (Reuters) - Germany is expanding its natural gas import options to replace Russian supply, whose suspension on the route to Austria has set European energy markets on edge, and as part of its decarbonisation efforts.

Below are details on terminals being developed to host floating storage regasification units (FSRUs) to receive seaborne liquefied natural gas $(LNG)$. Plans also include shore-based regasification terminals and facilities to import and produce ammonia and hydrogen.

STADE

State-owned Deutsche Energy Terminal (DET) has said in German media reports that FSRUs at both Stade and Wilhelmshaven 2 will start operations before the winter, without specifying precise commissioning dates.

On June 28, developers at the Elbe river inland port of Stade formally inaugurated a land-based "ammonia ready" terminal for start in 2027, for which a final investment decision was taken by Hanseatic Energy Hub (HEH) in March.

The FSRU Energos Force arrived on March 15 and is expected to operate until 2027, ahead of the onshore terminal starting operations.

The onshore terminal, to be built by Spain's Tecnicas Reunidas TRE.MC, is expected to cost around 1 billion euros ($1.1 billion).

Gas to arrive there has been allocated to state-controlled SEFE, utility EnBW EBKG.DE and Czech utility CEZ CEZP.PR.

HEH is backed by investment firm Partners Group PGHN.S, logistics group Buss, chemicals company Dow DOW.N, and Spanish grid operator Enagas.

A separate, Buss-led, consortium is nurturing plans for a 100 megawatt (MW) electrolysis plant, to be decided on in 2026, it said on Nov. 18.

WILHELMSHAVEN

Utility Uniper UN01.DE launched Germany's first FSRU operation, Wilhelmshaven 1, on the North Sea, in 2022. LNG/TKUK

Uniper plans two green gas systems in the longer term: it will add a land-based ammonia import reception terminal and cracker in the second half of this decade to make green hydrogen.

On Nov. 18, it said it had picked U.S. manufacturer Electric Hydrogen as supplier of a 200 MW electrolyser to be fed with local wind power.

Another operator, Tree Energy Solutions (TES), plans to operate the second FSRU, Wilhelmshaven 2, from winter 2024, through to 2027, and plans to eventually convert its operations to clean gases.

BRUNSBUETTEL

The Brunsbuettel FSRU went into operation in April 2023 on the North Sea coast, initially chartered and operated by utility RWE's RWEG.DE trading arm before it was handed over to DET at the start of 2024.

It is the forerunner of a land-based LNG facility which has been cleared to receive 40 million euros of state support.

It could start operations at the end of 2026, when a newly inaugurated, adjacent ammonia terminal could also start up.

State bank KfW, Gasunie and RWE are stakeholders and Shell SHEL.L has committed to sizeable purchases.

MUKRAN

Mukran, on Ruegen island in the Baltic Sea, will supply onshore grids via pipeline firm Gascade's new OAL pipeline with LNG.

Private company Deutsche ReGas started reloading services from the LNG tanker Coral Energy in September, using smaller tankers to deliver LNG to locations without pipeline access.

This followed the opening of regular operations at the site with FSRUs Energos Power and Neptune.

Gascade completed the 50 km (30 miles) infrastructure in February and feed-in is possible, with existing onshore pipelines NEL and EUGAL offering long-distance transport.

ReGas holds long-term supply deals with France's TotalEnergies TTEF.PA and trading group MET.

The Mukran project has triggered local opposition, but legal challenges have been thrown out.

LUBMIN

ReGas and LNG-tanker operator Hoegh in June signed an agreement to develop the Baltic Sea port, a forerunner of Mukran, into an ammonia/hydrogen import terminal.

On Oct. 14, the Federal Administrative Court backed Lubmin's operations, throwing out a case brought by environmental group DUH against its permit.

Gascade has created a grid connection to the Eugal 1 and 2 onshore gas pipelines.

($1 = 0.9462 euros)

(Reporting by Vera Eckert; Editing by Ros Russell and Mark Potter)

((vera.eckert@thomsonreuters.com; +49 30 2201 33654;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment