The German authorities plan to build another floating installation for receiving liquefied fuel by the end of 2022 and two by May 2023
TASS reports. Germany’s first floating terminal for receiving liquefied natural gas (LNG) opened on Saturday in the city of Wilhelmshaven in the north of the country. The opening ceremony was attended by German Chancellor Olaf Scholz, Vice Chancellor, Minister for Economic Affairs and Climate Protection Robert Habeck and Finance Minister Christian Lindner.
Scholz noted that the opening of a floating LNG terminal in Wilhelmshaven is an important contribution to ensuring the country’s energy security. “After this particular vessel, which we can see here and which has started its work, there will be many more such terminals,” said Scholz, whose speech was broadcast by n-tv. At the same time, the head of the German government recalled that similar terminals are planned to be opened in Lubmin, in Brunsbuttel and in Stade. “Now this is the new pace of Germany, with which we are developing infrastructure, and it should become a role model not only for this terminal, but also for many others,” Scholz concluded.
“In this regard, this is a good day for our country and a good sign for the whole world that the German economy will be able to remain strong,” concluded the head of the German government.
Currently, Germany is reducing its dependence on Russian energy resources. According to the plan of the authorities, it is planned to abandon coal and oil within a year. In the current situation, the Federal Government is betting on the construction of terminals for receiving liquefied natural gas. In addition to the terminal in Wilhelmshaven, Germany will have another floating regasification plant for receiving LNG by the end of the year, and two more by May 2023. Their total annual capacity is estimated at 33 billion cubic meters of gas. For comparison, approximately 60 billion rubles were delivered via Nord Stream in 2021. The first stationary LNG terminal in Germany is planned to be completed only by 2026.
According to the latest data from the Federal Grid Agency, gas supply in Germany remains stable, while the tense situation remains, despite the fullness of storage facilities by more than 95%. The regulator continues to urge private consumers and businesses to save gas. The goal is to save 20% of the average consumption over the past years over the winter.
