LNG

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.

LNG import terminal developer and leading Finnish power company Fortum and subsidiary Uniper, Germany’s biggest Russian pipeline gas importer, and the German Government have agreed a comprehensive stabilisation package to provide financial relief to the Düsseldorf-based utility.