LNG

RWE AG, the German utility with an LNG floating import facility at Brunsbüttel on the Elbe River, reported a drop in net income as it shut its last nuclear plant in Germany but still relies on coal to replace Russian energy supplies while renewables earnings have fallen.

The Dutch Gate LNG import terminal in Rotterdam, a joint venture between Dutch utility Gasunie and global storage company Royal Dutch Vopak, is proceeding with its open season to gauge market interest in an additional 4 billion cubic metres per annum of capacity.