LNG

The German Association of Transmission System Operators (FNB Gas) said that members were partially disappointed with the upcoming adoption of the amendment to the Energy Industry Act (EnWG) in Germany’s Bundestag to create the legal framework for the financing and integration of development planning for the nation’s natural gas and hydrogen network.

The German Federal Ministry of Economics has rejected claims that the natural gas reserves for the coming winter were bought at too high a price as the nation prepares to become an LNG importer with expectations of the first facility coming on stream in 2023.

Sept 28 (LNGJ) - Deutsche ReGas, the company planning to develop and operate the Deutsche Ostsee LNG terminal at Lubmin on the Baltic Sea Coast, has launched two open seasons. The company said that a binding open season for Phase I of the Deutsche Ostsee floating storage and regasification unit (FSRU) project comprising the first vessel and a non-binding market test for Phase II and the second FSRU would both be held from October 10.

   “In Phase I from December 1, 2022, the floating LNG terminal (FSRU 1) will be located in the port of Lubmin with 4.5 billion cubic metres of capacity and will be connected to the transmission network via a new pipeline,” said Deutsche Regas. “In Phase II, starting in December 2023, another floating LNG terminal (FSRU 2) will be deployed offshore,” added the company.