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Germany will inaugurate a third LNG terminal in record time

Germany will inaugurate a third LNG terminal in record time

The first LNG-carrying ship, coming from Abu Dhabi, is expected to will arrive at the end of this month, in such a way that it will be possible to inject gas into the national grid early next month, according to the Bloomberg agency.

Like the first two LNG terminals, the project in Brunsbüttel was completed in record time, with the energy company RWE preparing the project, under orders from the German government, since May of last year.

“By early October, the planning and approval phases were already at a point where construction work could be started,” the firm explained in a statement that also noted that the regulatory authorities “worked quickly and effectively,” representing another “key point” of the speed faced.

RWE’s CEO, Markus Kreber, stated that “floating LNG terminals will allow the importation of gas and, therefore, will reinforce the security in the offer of Germany”.

“Our country’s strong energy dependence on Russian pipeline gas will end with the development of the vessels. The speed at which the project in Brunsbüttel was developed leaves standards to continue modernizing our energy supplywhich is also necessary to ensure that Germany becomes a emission neutral as soon as possible,” he added.

The firm also explained that delivered gas levels by the terminal “will continually increase” once inaugurated as other technical components are installed.

Looking to the future, in addition to the LNG terminal, there are plans to install an import terminal for green ammonia, a hydrogen derivative, in Brunsbüttel.

“Brunsbüttel is an important step to ensure supply. We are overcoming our dangerous dependence on Russian gas,” the German Economy Minister said in a statement. Robert Habek.

Germany, whose gas supply depended on 40% of imports from Russia through the pipeline North Streamsuffered the reduction and subsequent cut off of the supply since the beginning of the war between that country and Ukraine.

The LNG terminals were presented as a quick solution to ensure supply: in addition to the Brunsbüttel, one has already opened in wilhelmshaven, in the North Sea, in December; and another in lubmin in the Baltic Sea, last week.

It is estimated that the new terminals, which will receive gas from countries such as Qatar, Norway or the United States, will be able to cover about a third of Germany’s gas demand for the next boreal winter, according to official estimates.

The terminals will not only allow Germany to cut its dependence on Russia but also may stop using the ports of Belgium, France and the Netherlands to receive LNGa process that entails higher transportation costs.

Source: Ambito

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