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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 8 sources · 6 days · First seen · Last updated
German LNG import capacity expansion
Overview
Deutsche ReGas is increasing its liquefied natural gas import capacity at the Deutsche Ostsee terminal in Mukran, Rügen. The company signed a contract with the Japanese shipping firm Mitsui O. S. K. Lines (MOL) to station a second Floating Storage and Regasification Unit (FSRU) at the site.
The agreement, valued at several hundred million dollars and lasting until 2043, aims to raise regasification capacity to 13.5 billion cubic meters per year, which is approximately 15 percent of Germany's total natural gas demand. This additional vessel is expected to assist in refilling gas storage facilities across Germany and Europe starting in the winter of 2027/2028. The unit will be converted from an LNG carrier at Hudong-Zhonghua Shipbuilding in China.
Entities
Mitsui O. S. K. Lines · Deutsche ReGas · Germany · Deutsche Energy Terminal · Mukran
Timeline
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[BUSINESS] 2 sourcesJapan expands shipbuilding capacity and LNG infrastructure
Japan is reviving its shipbuilding industry with a new large-scale dock for LNG carriers, while MOL partners with Germany’s Deutsche ReGas to deploy an FSRU for European energy security.
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[BUSINESS] 6 sourcesDeutsche ReGas secures second LNG terminal ship for Mukran
Deutsche ReGas has contracted with Japan's MOL to deploy a second LNG terminal ship in Mukran, Rügen, to bolster Germany's energy security and gas storage capabilities.
Sources
berliner-sonntagsblatt.de · mittelstand-nachrichten.de · newsit.gr · offshore-energy.biz · ostseewelle.de · presse-augsburg.de · radioosnabrueck.de · redaktion-paedagogik.de