Germany’s government has moved to secure supply for its two developing LNG terminals with a tentative agreement between some of the country’s largest energy firms.

Economy Minister Robert Habeck signed a memorandum of understanding (MOU) Tuesday with Uniper SE and RWE AG agreeing to cooperate on supplying liquefied natural gas (LNG) for two import terminals until 2024. 


A finalized agreement currently underway would help secure some of the 12.5 Bcm/year capacity of LNG that could be added with the two floating storage and regasification units (FSRU) currently in development, Habeck said.

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RWE and Uniper are expected to operate FSRU-based terminals...