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German LNG terminal risks delayed start: Bloomberg

LNG

A planned LNG terminal on Germany’s Baltic Coast may not be able to start operations this winter due to local opposition to the project, according to Bloomberg.

  • German Economy Minister Robert Habeck cautioned there could be severe consequences if a second LNG terminal near the island of Rügen doesn’t begin operations this winter as planned.
  • “Gas supplies must be planned in such a way that deliveries are secured even in the event of particularly cold weather or supply bottlenecks via pipelines,” he said, adding that otherwise it risked supply bottlenecks and higher prices for consumers in the east of Germany.
  • A local municipality Aug. 25 said it had filed a complaint to the Federal Administrative Court to stop construction of an undersea pipeline for the terminal.
  • The two floating LNG terminals to be stationed off Rügen island in the Baltic would have a combined annual capacity of 10bcm.

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