French energy major TotalEnergies will supply, install and operate a floating storage and regasification unit (FSRU) for Germany’s Deutsche ReGas to help the country import more liquefied natural gas this year
Deutsche ReGas is developing the Deutsche Ostsee LNG terminal in Lubmin, the exit point of the Nord Stream pipelines which flow from Russia. In recent weeks, flows from the Nord Stream pipelines have decreased as maintenance work on the pipeline begins, but there are fears the shutdown might extend given the war in Ukraine.
Germany has no LNG terminals and in June, the country’s economic ministry warned a prolonged shutdown could be catastrophic for its industries.
The FSRU will help Germany keep the gas flowing and is expected to be operational by December 2022 and capable of feeding 4.5Bn m3 of natural gas annually into the country’s transmission network.