Deutsche Regas GmbH, the operator of the floating liquefied natural gas import terminal at the Baltic Sea port of Lubmin, said operating permits had been received at the company’s second German Baltic regasification terminal, located at the port of Mukran on Germany’s largest island of Rügen to allow operations to formally begin.

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Thursday, 21 December 2023 08:51

Belgian-German LNG

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Dec 21 (LNGJ) – Four cargoes are heading for Belgium and Germany in the next week from Russia, Qatar, Angola and the US state of Louisiana. The carrier “Eduard Toll” with 177,000 cubic metres capacity is expected to arrive at the Belgian LNG import terminal at Zeebrugge with a Russian cargo. The shipment was lifted on December 19 from the Yamal plant near the port of Sabetta in northern Siberia, according to shipping data. The Qatari carrier “Al Khor” with 135,295 cubic metres capacity is scheduled to deliver a cargo to Zeebrugge on December 27, lifted from Ras Laffan in the Gulf on December 2.

   The other cargoes are heading for Germany in the next week. The “Sonangol Sambizanga” with capacity of 160,500 cubic metres is scheduled to discharge a cargo from Angola on December 24 at the floating terminal in the North Sea port of Wilhelmshaven. The shipment was lifted on December 8 from the southwest African nation’s export plant at Soyo. Another vessel heading for Germany is the “Marvel Falcon” with 174,000 cubic metres capacity. The ship is scheduled to berth with a US cargo on December 25 at the Brunsbüttel terminal on the Elbe. The volumes were loaded on December 10 at the Cameron LNG plant in Louisiana.

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Höegh LNG Ltd, the owner and operator of 13 LNG vessels including floating storage and regasification (FSRU) units, returned to a third-quarter profit after suffering losses in the same three months of 2022 as the Norwegian operator deployed floating import terminals to France, Germany and Australia.

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Contrary to what is suggested in the political discussions, it is hardly the price of gas that increases the price of electricity, themain driver now in the European Union and particularly in Germany is the carbon-dioxide (CO2) price that gas-fired and coal-fired power plants have to pay for their emissions. 

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US major ConocoPhillips and QatarEnergy will combine to provide 2 million tonnes per annum of LNG to Germany’s new onshore import terminal under development at Brunsbüttel on the Elbe River.

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Royal Vopak, the Netherlands-based global storage company with stakes in liquefied natural gas terminals and a new LNG import project for Hong Kong, increased its first-quarter revenues and net profits as it also helped Germany’s LNG import ambitions.

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German LNG Terminal GmbH, the development company of the Brunsbüttel import facility on the Elbe River south of Hamburg, has signed a preliminary accord with Shell to acquire cargo volumes.

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