Lubmin-based terminal developer Deutsche ReGas said construction will start on the first privately financed FSRU liquid gas terminal Deutsche Ostsee
Construction activities will upgrade the port for large ships and create a secure berth on the east quay of the Lubmin industrial port. In particular, stronger bollards and dolphins will be installed and a sheet piling box erected.
Lubmin is the exit point of the Nord Stream pipelines which flow from Russia. Flows from Nord Stream 1 have halted indefinitely as the war in Ukraine continues to escalate. The FSRU will help Germany keep the gas flowing and is expected to be operational by December 2022.
French oil major TotalEnergies owns Deutsche Ostsee and the FSRU is capable of feeding up to 4.5Bn m3 a year into the German long-distance gas network, although this is only a small portion of the 90.5Bn m3 of annual German consumption.
Deutsche ReGas chairman of the supervisory board Stephan Knabe said, “This is an important milestone for our project, which our international team of experienced LNG professionals has been working on for months.”
Maintenance dredging is being carried out to ensure the port’s approved depth. On the land side, part of the road will be relocated, a safety zone will be set up and an overpass for the connecting line and a gangway will be built.
Since the construction work is being carried out on the site of the Lubmin industrial port, Deutsche ReGas said the port has notified authorities and submitted the necessary applications.
Separately, Germany has secured four FSRUs: two from Höegh LNG and two from Dynagas, which are federally funded. One of the Höegh FSRUs will be stationed in the Schleswig-Holstein region and is expected to come online early 2023.
Last week, German Chancellor Olaf Sholz visited the Gulf to secure LNG supplies, but has so far secured a solitary LNG cargo from ADNOC which will supply Germany utility RWE with 137,000 m3 of LNG later this year, and which will be the first delivery to the Brunsbüttel terminal.
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