Construction of Germany's First Land-Based LNG Terminal Begins
(Reuters) — The construction of Germany's first land-based liquefied national gas (LNG) terminal at the inland port of Stade kicked off on Friday with the goal of starting operation in 2027, said the project firm Hanseatic Energy Hub (HEH).
The project on the river Elbe is part of Germany's broader efforts to diversify its energy sources after a sudden drop of Russian gas imports following Moscow's invasion of Ukraine.
The terminal will include two LNG tanks with capacity of 240,000 cubic meters each and will be ammonia-ready as Germany and its neighbors aim to replace gas with green hydrogen and its derivatives in the future to cut carbon-dioxide emissions.
"After six years of planning and permitting, the construction phase now begins," HEH CEO Jan Themlitz said in a statement.
Czech utility CEZ, Germany's utility EnBW and importer SEFE have committed themselves as buyers of 90% Stade's annual volume capacity of 13.3 billion cubic meters.
HEH said all customers have the option to switch their contracts to hydrogen-based energy sources, such as ammonia, in the future.
Spanish gas grid operator Enagas will assume the terminal's operational responsibility, HEH added.
A first floating regasification vessel (FSRU) arrived at Stade for test operations in March, which along with three others working at Wilhelmshaven, Brunsbuettel and Lubmin will be used for the regasification of LNG imports up until 2027.
Related News
Related News
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Trump Aims to Revive 1,200-Mile Keystone XL Pipeline Despite Major Challenges
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Boardwalk Approves 110-Mile, 1.16 Bcf/d Mississippi Kosci Junction Pipeline Project
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Tullow Oil on Track to Deliver $600 Million Free Cash Flow Over Next 2 Years
- GOP Lawmakers Slam New York for Blocking $500 Million Pipeline Project
- Enbridge Should Rethink Old, Troubled Line 5 Pipeline, IEEFA Says
- Energy Transfer Reaches FID on $2.7 Billion, 2.2 Bcf/d Permian Pipeline
- Polish Pipeline Operator Offers Firm Capacity to Transport Gas to Ukraine in 2025
Comments