New additions to European LNG import capacity are moving forward as developers straddle the line between a current natural gas supply shortage and the region’s forecasted pivot to alternative fuels in the next decade.

Hanseatic Energy Hub (HEH) GmbH disclosed it expects to reach a final investment decision “in the coming weeks” on Germany’s first onshore import terminal after completing its marketing and permitting phase earlier in the month.

Planned near the city of Stade in Lower Saxony, the 13.3 million metric ton/year (mmty) facility is permitted to begin importing liquefied natural gas and renewable natural gas, as well as ammonia, before being converted into a hydrogen production hub by at least 2043.

“With this terminal, we will make an important contribution...