Germany wants to secure the delivery of future LNG supply contracts for its floating storage and regasification units (FSRUs) with a contractual delivery obligation to guarantee security of supply for at least 50% of the capacity offered in a series of auctions starting next month.

Many liquified natural gas supply contracts do not have a destination restriction clause, allowing traders the option to sell to the most competitively priced market anywhere in the world. Germany is keen to secure at least 50% of its supply to ensure it will have enough gas supply, especially during the cold winter months.

State-owned Deutsche Energy Terminal GmbH (DET) is responsible for marketing the  regasification capacities of LNG facilities. 

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