Lower Saxony targets floating LNG this year and next
The northwest German state’s environment and energy minister foresees an import terminal ready this winter and another next year
“With the floating LNG import facility already planned for Wilhelmshaven for the winter of 2022, with another one earmarked for 2023, as well as the stationary LNG terminals in Stade and Wilhelmshaven, Lower Saxony will be ‘green gas ready’ and also prepared for the necessary energy imports.” So says Olaf Lies, the state’s environment and energy minister, as German accelerates plans to give itself options beyond its significant reliance on Russian gas imports. Germany may be able to benefit from more LNG imports through any existing spare capacity in terminals in Belgium, France, the Netherlands and the UK—to all of which it has pipeline interconnection access—as well as other fast-tracked n
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised