German utility EnBW Energie Baden-Württemberg AG could buy natural gas from a proposed import terminal in the country near Stade after committing to shunning supplies from Russia.

Germany LNG

EnBW signed a memorandum of understanding with the developer Hanseatic Energy Hub to possibly buy 3 billion cubic meters/year (Bcm/y) of liquefied natural gas (LNG) after it ramps up, which could be in late 2026. Further talks are scheduled.

EnBW CEO Frank Mastiaux in March said the company wouldn’t pursue future Russian contracts and is diversifying its sources of coal and natural gas “as swiftly as possible.”

“Enhancing security of supply without neglecting climate action is now the main challenge for the joint efforts of business enterprises and policymakers,” Mastiaux said.

Last year, the...