The German energy company Deutsche Regas plans to import liquefied natural gas on a large scale with a floating LNG terminal in Lubmin in the northern German state of Mecklenburg-Western Pomerania. Starting in December, the company plans to feed up to 4.5 billion cubic meters of natural gas annually into the German pipeline system, according to the SME, which is backed by investor Ingo Wagner and management consultant Stephan Knabe. The special vessel required for this purpose has already been secured. Due to the relatively shallow water depth, the gas will initially be stored on a tanker and brought ashore by smaller vessels. The "Ostsee-Zeitung" and the "Tagesspiegel" newspapers had previously reported on the project.
The mayor of Lubmin, Axel Vogt, confirmed the company’s plans. "The months of joint preliminary work were very professional, fruitful and purposeful." Vogt said he hopes that the project will bring new jobs to the town, which is the location of the landfall of the German-Russian Nord Stream 1 and 2 gas pipelines. Gascade, which operates the gas hub at the site, also confirmed it had received a request from the company to inject LNG. It said this request was now being considered.
According to the company, up to 320 people could be employed at Lubmin. To stay on schedule, construction would have to begin no later than September.
Deutsche Regas already has bigger plans: if it were possible to use the Nord Stream 2 pipeline, which has been completed but not certified, it could reportedly increase capacity to up to 16 billion cubic meters of gas by means of a second special ship. By comparison, Nord Stream 1 has a capacity of around 60 billion cubic meters per year.
Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.
A single purchase
