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Uniper to build and operate the 1st terminal for LNG in Germany

FSRU with a capacity of up to 7.5 billion m³ per year will cover around 8.5 % of Germany's gas demand in the future

Uniper to build and operate the 1st terminal for LNG in Germany

Source: Uniper

Düsseldorf, May 6- Neftegaz.RU. German energy major Uniper agreed to build and operate the 1st terminal for LNG in Wilhelmshaven with an investment of around €65 million ($68.9 million).

Uniper had optioned both FSRUs on the market for the German government.
The plan is to have the terminal in use in the winter 2022-2023.

Klaus-Dieter Maubach, CEO of Uniper, said:
  • We are doing our utmost to support the German government in its plan to diversify Germany's sources of supply for natural gas and, in the long term, also for hydrogen
  • With our LNG terminal, we are taking an important step - in close cooperation with the German government - towards the desired energy independence
  • In doing so, we are relying on our expertise as a global LNG player and gas trader
  • In the medium and long term, we are developing Wilhelmshaven into the energy hub of the future, with a focus on hydrogen and green gases
Germany currently doesn’t have any LNG terminals or floating LNG terminals.

In February 2022, Germany revealed plans to build 2 LNG terminals in Brunsbüttel and Wilhelmshaven in an effort to reduce its dependence on Russian gas.
In April, Germany’s government revealed the urgent decision to invest about €2.5 billion in 4 floating LNG terminals.

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