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TotalEnergies Now Top German LNG Supplier After Lubmin Deal

TotalEnergies Now Top German LNG Supplier After Lubmin Deal

TotalEnergies SE and Switzerland-based energy supplier MET Group said Friday they’ve secured regasification capacity at the new offshore LNG import terminal at Lubmin on Germany’s Baltic Sea coast.  TotalEnergies said it is now one of Germany’s main liquefied natural gas suppliers, while MET Group said the capacity would allow it to fulfill agreements signed with…

January 13, 2023

Third FSRU Makes Way to Germany After Loading in Spain – The Offtake

The floating storage and regasification unit Hoegh Gannet could soon be headed for Brunsbuettel, Germany to serve as the country’s third operating import terminal, RWE AG reported.

January 13, 2023
Germany’s LNG Import Capacity Plan Reaches Milestone with First FSRU Arrival

Germany’s LNG Import Capacity Plan Reaches Milestone with First FSRU Arrival

Germany is preparing for its first of several new LNG import terminals to arrive offshore near the end of the week, marking a milestone in its plan to increase import capacity and cut reliance on Russian pipeline gas. The Hoegh Esperanza, a floating storage and regasification unit (FSRU) owned by Höegh LNG AS, is expected…

December 15, 2022
Excelerate Energy Sees ‘Immediate Opportunity’ in European Natural Gas Market

Excelerate Energy Sees ‘Immediate Opportunity’ in European Natural Gas Market

Excelerate Energy Inc. has for now shifted its focus to fulfilling Europe’s need for natural gas as the continent continues working to buildout import infrastructure to fill the void left by declining Russian supplies.  The company has the world’s largest portfolio of floating LNG terminals and has worked to deploy the infrastructure and pursue other…

November 15, 2022
European Buyers ‘Stuck in the Mud’ on Long-Term Natural Gas Needs, Say Experts

European Buyers ‘Stuck in the Mud’ on Long-Term Natural Gas Needs, Say Experts

European governments should be moving more aggressively to secure long-term LNG supplies if they hope to end reliance on Russian natural gas, experts in London said recently.  Plans to phase out fossil fuels and significantly curb emissions in the years ahead could still weaken the continent’s energy security, panelists said at Energy Trading Week in…

October 7, 2022
Germany Secures LNG Supply from UAE, Possible First Cargo by December

Germany Secures LNG Supply from UAE, Possible First Cargo by December

German utility RWE AG has secured another LNG supply source in an agreement with Abu Dhabi National Oil Company (ADNOC) that could bring additional cargoes to Germany’s developing import terminals as soon as December. RWE and the United Arab Emirates’ (UAE) state-owned ADNOC agreed to a multi-year supply contract for liquefied natural gas starting in…

September 30, 2022
Excelerate Supplying Germany with Another Floating LNG Terminal

Excelerate Supplying Germany with Another Floating LNG Terminal

Excelerate Energy Corp. has agreed to supply Germany with a fifth floating storage and regasification unit (FSRU) that could be used to increase LNG imports by next winter. The 5 Bcm/year capacity vessel chartered for five years from Excelerate, headquartered north of Houston in The Woodlands, could become the second FSRU at the liquefied natural…

September 2, 2022
Papua New Guinea Deploying Offshore LNG Power Solution in Electrification Push

Papua New Guinea Deploying Offshore LNG Power Solution in Electrification Push

Singapore-based equipment and solutions provider Twenty20 Energy plans to roll out an offshore natural gas power solution across 12 locations in Papua New Guinea as the nation seeks to electrify communities that lack access to power. The Power Island Floating Storage Regasification and Power (FSRP) solution includes power generators and regasification equipment, fuel barges and…

July 18, 2022
Italy Turns to Algeria, FSRUs to Help Displace Russian Natural Gas

Italy Turns to Algeria, FSRUs to Help Displace Russian Natural Gas

Following a supply deal in April, Italy plans to reduce reliance on Russian fossil fuels by investing in Algeria’s natural gas and green hydrogen and by expanding its import infrastructure with two floating storage and regasification units (FSRUs). Italy is one of Europe’s largest natural gas consumers. It has three LNG import terminals with a…

June 9, 2022
Germany Confirms Four FSRUs to Help Displace Russian Gas

Germany Confirms Four FSRUs to Help Displace Russian Gas

The count of floating storage and regasification units (FSRU) headed to Germany has officially risen to four as two of the nation’s major utilities pursue fast-tracked plans to increase liquefied natural gas (LNG) capacity. RWE AG and Uniper SE each have chartered two FSRUs to displace Russian gas with LNG exports from Western allies by…

May 10, 2022
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