Free Trial

Three German Onshore LNG Terminals Aiming for FID

LNG

Three German onshore LNG import terminals are aiming to reach final investment decisions with Stade potentially before the end of the year according to Poten & Partners.

  • The three onshore projects aiming for FID are Hanseatic Energy Hub’s (HEH) Stade terminal, German LNG’s (GLNG) Brunsbuttel terminal and Tree Energy Solutions’ (TES) Wilhelmshaven terminal.
  • The €1 billion terminal at Stade is expected to be the first to take FID and is expected to begin operations by 2027. A total of 12bcm/y of long-term capacity has been sold for over 10 years from the 13.3bcm/y terminal. The remaining 1.3bcm/y of capacity will be allocated via short-term auctions, as requested by the German government.
  • FID on GLNG’s 10bcm/y terminal in Brunsbuttel, which was approved by the EC in July, is expected to slip into early 2024. The terminal is still waiting for construction permits but is aiming for operations to begin by the end of 2026.
  • TES plans to take FID on the 15bcm/y onshore terminal at Wilhelmshaven in 2024, although permits are required to proceed. Most capacity has been allocated on a five-year basis, despite developer aims for 20-year allocations. A total of 1.5cm/y will be reserved for short term allocations as mandated by the German government.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.