Factbox: Germany's LNG import project plans

Fluxys Belgium SA

25/10/2022 16:28

(Adds detail o fifth FSRU)
       FRANKFURT, Oct 25 (Reuters) - German is acquiring
liquefied natural gas (LNG) terminals as part of its efforts to
diversify away from Russian gas.
    It leased four floating storage and regasification units
(FSRUs) in May, capable of importing at least 5 billion cubic
metres (bcm) of seaborne gas per year each. Two of them are due
to become available this year.  
    Wilhelmshaven will become the first LNG hub and Brunsbuettel
the second, to be developed by Uniper  UN01.DE  and RWE
 RWEG.DE , respectively. 
    The Elbe river port of Stade and Lubmin on the Baltic Sea
will also receive an FSRU each.
    Germany has also now formalised chartering of a fifth
floating LNG ship for Wilhelmshaven, the economy ministry said
on Oct. 25 for the first quarter of 2023.
    WILHELMSHAVEN
    Uniper in August received approval for the start of
construction of an FSRU facility. 
    Later, facilities to import ammonia and set up an
electrolysis plant for turning ammonia into clean hydrogen will
be set up at the location.
    BRUNSBUETTEL
    An FSRU at Brunsbuettel is expected to deliver gas from the
end of 2022 or early in 2023 and serve as a forerunner of a
fixed LNG facility. 
    Dutch gas network operator Gasunie, which has a 40% stake in
the FSRU project, is planning two related gas pipelines.
    State bank KfW  KFW.UL  and RWE are stakeholders in the
fixed facility. Shell  SHEL.L  has committed itself to some
guaranteed purchases.
    STADE
    Project operator Hanseatic Energy Hub (HEH), due to receive
an FSRU to go into operation from the end of next year,
previously launched invitations to market participants to book
regasification capacity at a planned land-based hub.
    This could materialise in 2026.
    It is backed by gas network company Fluxys  FLUX.BR , 
investment firm Partners Group  PGHN.S , logistics group Buss
and chemicals company Dow  DOW.N .
    EnBW  EBKG.DE  has committed itself as a buyer. 
    Applications for the terminal and port have been submitted.
A final investment decision is expected next year.
    LUBMIN
    The operators of the state-leased FSRU destined for Lubmin
expect it to be operational at the end of 2023.
    Economy Minister Robert Habeck paid a visit on Sept. 19 and
said the government would try to source LNG from the United Arab
Emirates, among other possible origins.
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Germany charters 2 Dynagas FSRUs to replace 30% of Russian gas
imports     urn:newsml:reuters.com:*:nL5N2WX7BE
UPDATE 2-Germany ramps up capacity for LNG imports to replace
Russian gas     urn:newsml:reuters.com:*:nL2N2WX0IV
ANALYSIS-As Germany joins LNG import race, a long and crowded
track awaits     urn:newsml:reuters.com:*:nL2N2WH0XH
Germany, Hoegh LNG sign deals for two FSRUs to help replace
Russian gas     urn:newsml:reuters.com:*:nL5N2WJ2GN
EXCLUSIVE-Germany, Qatar at odds over terms in talks on LNG
supply deal -sources      urn:newsml:reuters.com:*:nL5N2WW7BO
Germany's Stade LNG hub invites capacity bookings    
 urn:newsml:reuters.com:*:nL8N2Y14ZM
UPDATE 1-Germany to sign LNG contracts in UAE - German economy
minister     urn:newsml:reuters.com:*:nL8N30Q2M1
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
 (Reporting by Vera Eckert
Editing by Jan Harvey, Jason Neely, Jane Merriman and David
Goodman
)
 ((vera.eckert@thomsonreuters.com; +49 30 2201 33654;
@EckertVera;))