LNG

Germany’s Deputy Finance Minister Jörg Kukies said at an energy conference in Australia that even as German liquefied natural gas import terminals were being rapidly developed to help replace Russian pipeline gas the joint supply of 30 billion cubic metres of LNG by the United States and Qatar still left a huge gap.

Fluxys, the Belgian natural gas network operator and owner of the Zeebrugge LNG import terminal, and Russian Yamal LNG export plant majority stakeholder Novatek have signed a land lease agreement to build and operate an LNG terminal in the northeast German port of Rostock.