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German Parliament Passes Reform To Speed Up LNG Expansion

LNG

Germany's lower house of parliament on Friday passed a legal reform to speed up the construction of LNG terminals off the Baltic Sea coast according to Reuters.

  • Germany started accelerating the construction of LNG infrastructure last year following Russia’s invasion of Ukraine that led to a halt in piped Russian natural gas imports.
  • The reform voted through on Friday includes fast-tracking the construction of two LNG floating terminals in Mukran on the Baltic Sea island of Ruegen with an annual capacity of 10bcm to be operated privately by Deutsche Regas by the beginning of 2024.
  • Three FSRUs are working at Wilhelmshaven, Brunsbuettel and Lubmin. Wilhelmshaven, Mukran and Stade are due to add more ships for the 2023/24 winter.
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