RWE secures substantial capacity of planned German LNG terminal

German energy company RWE has secured a “substantial annual capacity” of a planned German terminal to import liquefied natural gas (LNG), reports news agency Reuters. RWE reached an agreement with LNG Terminal GmbH, the joint venture that aims to build Germany’s first LNG terminal in Brunsbüttel, in Northern Germany. “LNG will play an important role in the North-West European gas market and therefore we are very pleased to take this step forward towards an LNG terminal in Germany,” Andree Stracke, Chief Commercial Officer Gas Supply & Origination of RWE Supply & Trading, said in a press release. LNG Terminal’s final investment decision is envisaged for late 2019. Should all relevant permits be obtained and there is sufficient interest in the market, construction work could start in 2020 with the terminal being fully operational by the end of 2022, says the press release.

Find the article in English here and the press release in English here.

Find background in the CLEW factsheet Gas pipeline Nord Stream 2 links Germany to Russia, but splits Europe and the dossier The role of gas in Germany's energy transition.