Norwegian energy company Equinor signs new supply agreement for pipeline natural gas with German utility RWE
Equinor of Norway has signed a new agreement starting immediately to supply German utility and LNG market participant RWE with pipeline natural gas.
RWE utility signs one of Germany's largest LNG supply deals with US Sempra’s Port Arthur project in Texas
US LNG project developer Sempra Infrastructure has entered into a long-term sale and purchase agreement with a unit of German utility RWE AG for volumes from the Port Arthur project in Texas.
ConocoPhillips and QatarEnergy combine to provide LNG to Germany’s Brunsbüttel project on Elbe River
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.
German Brunsbüttel LNG project confirms US major ConocoPhillips and UK's INEOS as capacity holders
German LNG Terminal GmbH, the development company of the onshore import facility at Brunsbüttel on the Elbe River south of the port of Hamburg and adjacent to the Kiel Canal, has signed up three leading energy companies as long-term foundation customers for regasification capacity.
German utility RWE expects investment decision in 2020 for onshore LNG import terminal on Elbe River
German LNG Terminal, the Dutch-led joint venture developing a planned liquefied natural gas import terminal at Brunsbuettel on the Elbe River near Hamburg, expects to make an investment decision soon after binding import contracts have been finalised at the end of 2020.
RWE, Germany’s largest utility and power producer and whose headquarters are in the city of Essen, confirmed that it had secured potentially 5 billion cubic metres of import capacity at Brunsbuettel as it also seeks a wider role for the facility.
“Currently the parties are in the final phase of negotiating fully binding legal contracts for LNG imports,” said RWE and German LNG Terminal in a joint statement.
“RWE and German LNG expect this process to be finalised by the end of 2020, putting German LNG in a position to reach a positive investment decision shortly thereafter,” it added.
German LNG Terminal is a venture comprising Dutch gas network operator Gasunie, German tank storage provider Oiltanking GmbH, and Dutch storage company Royal Vopak.
Gasunie and Vopak were the development companies behind the Dutch Gate LNG terminal at the port of Rotterdam.
RWE added that LNG import terminals like Brunsbuettel could also be combined with entry points for (liquid) hydrogen produced in other regions of the world where wind and solar energy are available at larger scale and lower cost than in Germany.
“Existing gas pipelines connected to the LNG terminal are perfectly fit to distribute hydrogen locally,” said RWE.
Javier Moret, Global Head of LNG at RWE Supply & Trading GmbH, said his company was an advocate of LNG.
“It can provide Germany with clean and affordable energy today and at the same time contribute to reducing emissions in the maritime and road transport sector as an alternative fuel,” added Moret.
“At the same time we want to make sure we are prepared for the next technological advancement. In the future hydrogen will play a key role as a climate-neutral fuel in the energy mix,” he explained.
“We are prepared for this next step with the new agreement. Therefore we are happy to support German LNG Terminal’s initiative in this field,” stated Moret.
Currently the parties are in the final phase of negotiating fully binding legal contracts for LNG imports.
RWE and German LNG expect this process to be finalised by the end of 2020, putting German LNG in a position to reach a positive investment decision shortly thereafter.
Another German utility, Uniper, is backing a second German import project at the deepwater North Sea port of Wilhelmshaven using a floating storage and regasification unit.
Uniper has said it expected that a competitive tender process would be conducted in the months ahead to seek binding accords with potential customers
Uniper seeks capacity interest in first German LNG terminal planned for Wilhelmshaven
Uniper, the German energy company and utility, has launched an open season to test interest in Germany's first liquefied natural gas import terminal planned for the North Sea port of Wilhelmshaven.
First German LNG terminal makes commercial and regulatory progress backed by Dutch
German LNG Terminal, the joint venture company developing the European nation’s first regasification facility at Brunsbuettel on the Elbe River near the port of Hamburg said it had reached another long-term commercial capacity agreement.
German utility RWE to buy first Woodside volumes booked from US Corpus Christi plant
German energy utility RWE has signed a fully termed and binding LNG supply agreement with Australian LNG plant operator Woodside Petroleum with the primary shipments coming from Woodside’s contracted volumes booked at the US Corpus Christi LNG export plant in Texas.
German utility RWE signs LNG cooperation accord with Tokyo Gas on supplies and trading
German energy utility RWE has signed a cooperation accord with Tokyo Gas of Japan on procurement of liquefied natural gas as well as trading and shipping activities.
Germany on track for two LNG import terminals as Uniper backs FSRU plan at Wilhelmshaven
Uniper, the German energy company with LNG volumes booked from the US and Canada, is considering taking part in plans to develop a second German import terminal at the North Sea port of Wilhelmshaven in a rival project to the proposed Brunsbuettel facility on the Elbe River near Hamburg.
