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2022-09-22 16:20:00

GERMANY'S LNG TERMINAL

GERMANY'S LNG TERMINAL

ENERDATA - 22 Sep 2022 - Deutsche ReGas has started building a 4.5 bcm/year LNG import terminal, named Deutsche Ostee, in Lubmin in the northeast of Germany. The project, which is privately-financed, is expected to start regasification operations in December 2022. In July 2022, TotalEnergies agreed to charter a floating storage and regasification unit (FSRU) for the project, which can cover about 5% of Germany’s annual gas consumption.

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Earlier:

GERMANY'S LNG TERMINAL
2022, September, 21, 14:05:00
EUROPEAN GAS PRICES UP ANEW
Benchmark futures jumped as much as 10% for a second day of gains. In the latest move to ensure supply, Germany said it will nationalize Uniper SE and avert a collapse of the energy sector with winter just days away.
GERMANY'S LNG TERMINAL
2022, September, 19, 13:00:00
EUROPEAN GAS PRICES DOWN ANEW
Benchmark prices dropped as much as 8.8% on Monday, extending last week’s decline. Germany, the U.K. and others plan to spend billions to ease their reliance on Russian imports, rescue local energy companies, and cap prices to alleviate pressures on businesses and households.
GERMANY'S LNG TERMINAL
2022, September, 15, 16:20:00
GERMANY WITHOUT RUSSIAN GAS
The risks of shortages drove gas prices higher for a third day. The European Commission this week unveiled radical intervention plan including raising 140 billion euros ($140 billion) for consumers from energy companies’ earnings, mandatory curb on peak power demand and boosting liquidity.
GERMANY'S LNG TERMINAL
2022, September, 14, 13:05:00
EUROPEAN ELECTRICITY PRICES RECORDS
So far, in 2022, spot electricity prices are five to ten times higher than in previous years. On August 22, the daily spot market price for Germany exceeded 600 EUR/MWh, 15 times the average of the 2010s.
GERMANY'S LNG TERMINAL
2022, September, 9, 14:25:00
RUSSIAN GAS PRICES: NO LIMITS
Germany doesn’t support a price cap on Russia gas because some countries are still dependent on those supplies, Economy Minister Robert Habeck told reporters in Brussels.
GERMANY'S LNG TERMINAL
2022, September, 6, 13:45:00
RUSSIAN NORD STREAM: ZERO
Russian flows of gas via the Nord Stream 1 pipeline, which runs under the Baltic Sea to Germany, remained at zero on Tuesday after Russia scrapped a Saturday deadline to resume flows following maintenance.
GERMANY'S LNG TERMINAL
2022, September, 2, 12:45:00
GERMANY ELECTRICITY PRICE DOWN
German year-ahead electricity futures plunged as much as 54% from Monday’s peak above 1,000 euros a megawatt-hour as the European Union considers various measures to intervene in the market to damp runaway energy costs crippling economies across the bloc.
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Tags: GERMANY, LNG, GAS, TERMINAL