Brunsbuettel sits at the mouth of the Kiel canal
German LNG projects secure capacity commitments
Two of the country’s proposed import terminals ink MoUs with anchor clients
The 12bn m³/yr Stade and 8bn m³/yr Brunsbuettel LNG regasification facilities have both secured memorandums of understanding (MoUs) with new capacity holders as the development of German LNG import capabilities gathers impressive momentum in the wake of the Ukraine crisis. German utility EnBW is eyeing at least 3bn m³/yr of capacity in the former project, while Shell has signed on for a “substantial part” of the latter’s. Germany’s desire to wean itself off Russian gas as swiftly as possible, and the risk posed to its economy should Moscow decide to interrupt supply, has supercharged the country’s appetite to speed up alternative options. In the short term, it may be able to benefit from its
Also in this section
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
