London Daily

Focus on the big picture.
Monday, Feb 10, 2025

Germany To Get Its First Floating Gas Terminal

Germany To Get Its First Floating Gas Terminal

The ship -- a so-called floating storage and regasification unit (FSRU) -- is carrying enough LNG from Nigeria to supply "50,000 households for a year", she said.
Germany is set to receive its first floating gas terminal, officials said Friday, as the country looks to replace Russian supplies it previously received via pipeline.

The "Hoegh Esperanza" will dock at the northern port of Wilhelmshaven in the coming days, loaded with an initial shipment of liquefied natural gas (LNG), a government spokeswoman said Friday.

The ship -- a so-called floating storage and regasification unit (FSRU) -- is carrying enough LNG from Nigeria to supply "50,000 households for a year", she said.

The vessel, currently off the coast of Brittany, France, according to the website Marine Traffic, will stay docked at Wilhelmshaven on Germany's North Sea coast for several years.

The platform that will connect the unit to the onshore gas network was built at breakneck speed in a matter of months and will be inaugurated by Chancellor Olaf Scholz on December 17.

The Wilhelmshaven terminal, which will start pumping gas from December 22, according to the operator Uniper, will allow for the import of gas equivalent to 20 percent of the previous supplies from Russia.

Unlike other European countries, Germany did not already have any terminals for the import of LNG, instead getting the majority of its gas from Russia via undersea and overland pipelines.

Following the Russian invasion of Ukraine, Moscow progressively dwindled gas deliveries to Germany, before cutting them off completely in September.

In order to secure the country's energy supply, officials in Berlin have poured billions of euros into the development of sea terminals for the import of LNG.

In total, the government has announced plans for five such installations. Two private projects are also in the works, including a terminal in northeastern Lubmin which should open in the coming weeks.

But the country has yet to seal a major contract for supply of the replacement fuel. A recent deal with the Qatari state energy company will only come into effect in 2026.

As such, Germany remains exposed to volatile market prices for LNG with a knock-on effect for consumers.
Newsletter

Related Articles

0:00
0:00
Close
"Marrow stupid": Senator John Kennedy Blasts UK Prime Minister Keir Starmer Over Chagos Islands Transfer
Nigel Farage’s Reform UK Surge Reshapes Electoral Dynamics
Kemi Badenoch Faces Internal Criticism After 100 Days as Tory Leader
Campaigners Urge UK to Apologise for Forced Adoptions
Church of England Upholds Traditional Eucharistic Elements Amid Calls for Alternatives
Rayner Defends Approach at Grenfell Tower Meeting Amid Dismantling Plan
China Implements Tit-for-Tat Tariffs on US Goods Amid Trade Escalation
Italy and Wales Set for Six Nations Clash at Rome’s Stadio Olimpico
Ministry of Justice Apologises Over Prisoner Early Release Letter Error
Rare First Edition Harry Potter Book Sells for Over Twenty-One Thousand Pounds
Drax Power Station Under Scrutiny for Incomplete Wood Sourcing Reporting
UK Government Reaffirms Pledge to Build 1.5 Million New Homes by 2029
Freed Israeli Hostage Learns of Family's Death After Release from Gaza
French President Macron Employs Deepfake Technology to Advocate for AI Summit
Trump Names Musk to Investigate Government Fraud Amidst Controversy
Police Stop Ed Sheeran's Street Performance in Bengaluru
FBI Alerts Smartphone Users About Toll Scam Threat
Australian Educator Declares Identity as a Cat, Sparking Parental Backlash
Kremlin Addresses Claims of Trump-Putin Phone Conversation in Light of Ukraine Crisis
Trump Connects with Putin to Address the Ukraine Crisis
Super Bowl Ad Prices Soar to Record Highs Amid Streaming Surge
China Achieves 2030 Solar Energy Targets Early, Cuts Subsidies for Renewable Energy
Trump Signs Executive Order Prioritizing White South African Refugees
Europe Faces Growing Security Concerns and Trump's New Demands on Ukraine
Trump Revokes Security Clearances of Biden Officials, Including Blinken and Sullivan
Justin Bieber Sparks Concern as New Footage Raises Health Fears
European Right-Wing Leaders Celebrate Trump’s Impact on Global Politics
Trump Administration Directs Admiral to Leave Official Residence Within Three Hours
British Health Secretary Andrew Gavin Fired Over Controversial Messages
Report: Iran Attempted to Assassinate Trump During Election Campaign
Trump Declares He Won't Deport Prince Harry, 'He's Already Dealing with Enough Issues with His Wife,' He Comments.
Macron's AI Vision Encounters Hindrance in the Global Technology Competition.
TikTok Sued Over Alleged Child Deaths Caused by 'Blackout Challenge'
Governments Prohibit DeepSeek AI Due to National Security Issues
Russian musician Vadim Stroykin passes away following an apparent fall during a police raid.
Zelensky Suggests Mineral Collaboration with Trump for Security Assistance
Naomi Campbell Claims Unawareness of Financial Irregularities at Fashion for Relief.
House Republican Introduces Bill Aimed at Limiting AI Exports to China
Trump Signs Executive Order Prohibiting Transgender Athletes from Competing in Women's Sports
Intense Pressure Builds for a Free Trade Agreement Between the UK and GCC in Light of Economic Difficulties
UAE Aids in the Transfer of 300 Prisoners Between Russia and Ukraine.
Trump Suggests U.S. 'Takeover' of Gaza, Sparking Global Worries
At least ten fatalities reported in Swedish school shooting, authorities confirm.
EU Reveals Significant Advances on Special Tribunal for Prosecuting Vladimir Putin
Trump Administration Preparing Executive Order to Abolish the Department of Education
Trump's Gaza Plan Provokes Global Debate
Spain Endorses Initiative to Cut Working Week to 37.5 Hours
Australia Prohibits DeepSeek AI on Government Devices Due to Security Issues
Trump Warns of Tariffs on EU Products, Labels Bloc an 'Atrocity' in Trade Matters
Zelenskyy Proposes Nuclear Arsenal if NATO Membership Lingers.
×