Germany Announced Fifth Floating LNG Terminal

Germany’s Economy Ministry announced the building of a fifth floating LNG terminal by a private consortium, in addition to the four already planned by the government. The fifth terminal will be located in the city of Lubmin, 250 km north of Berlin, and the construction is planned to be completed by the end of this year.

This will be the second floating LNG terminal in Lubmin as the ministry said a government terminal will be located there as well. The ministry also announced a government terminal in Stade, near Hamburg.

Those two sites announced by the government, in addition to the one to be built privately, as well as the two previously announced sites in Wilhelmshaven and Brunsbüttel.

The floating terminals are essentially liquefied gas tankers that can return the fuel to its gas state themselves, which means a complete port is not required.

Wilhelmshaven and Brunsbüttel, both located on the North Sea coast, are scheduled to go into operation as early as this winter.

The terminals in Stade and Lubmin will not be ready for operation until the end of 2023 at the earliest, according to the ministry.

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