Partners agree 8 billion m3 gas capacity at port
A new terminal at a German port will hold 8 billion m3 of LNG in a bid to stabilise energy security.
A joint project has been agreed to build a new terminal at the port of Brunsbüttel in Germany that will have an annual regasification capacity of eight billion cubic metres.
The terminal will also be refitted so that it can process green hydrogen derivatives like ammonia, the project leaders say.
An MoU was signed between Kreditansttalt für Wiederaufbau (KfW), on behalf of the German government, Gasunie, which is 100% owned by the Dutch government, and the German energy firm RWE to build the terminal specfically to import liquefied natural gas.
The project will improve energy security for Germany and help northwest Europe to reduce its dependency on gas imports through pipelines, the leaders of the project say.
German minister Robert Habeck acknowledged the long-term goal of climate neutrality while acceoting the need to use gas until that can be achieved.
“Here, we need to reduce our dependence on imports from Russia as quickly as possible,” he said. ”Russia’s war of aggression against Ukraine is now making this imperative. An LNG terminal in Brunsbüttel will increase the possibilities to import gas to Germany. LNG terminals could be described as an extra bypass for this. They help us to boost energy security in Germany and Europe.”
