Germany

Germany has launched an investigation into whether a natural gas pipeline intended to connect a floating storage and regasification unit (FSRU) to the regional grid was sabotaged ahead of its operational launch. German newspaper group SHZ first reported a roughly 34-mile section of pipeline under construction by Dutch network operator Gasunie appeared to have several…

Harbour Energy plc joined the dealmaking parade on Thursday, announcing a $11.2 billion “transformational acquisition” of the upstream assets of Germany’s largest natural gas and oil producer, Wintershall Dea AG. Wintershall has gas and oil prospects in Algeria, Argentina, Denmark, Egypt, Germany, Libya, Mexico’s onshore and offshore, and in Norway. Also included in the deal…

While a stream of LNG cargoes is largely helping Europe maintain its tight natural gas supply balance, the region’s largest gas user, Germany, is increasing its reliance on Norwegian pipeline flows to fuel its industry until an alternative fuel market emerges. Norway’s Equinor ASA has signed a letter of intent to supply German industrial gas…

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…

Germany, Europe’s largest natural gas user, will continue to be at risk of supply shortfalls for the next four years until additional gas storage capacity and LNG terminals can be placed online, according to the country’s gas storage system operator. System operator Initiative Energien Speichern eV’s (INES) forecasters plotted outcomes for “normal, warm and cold…

Shell plc expects its second quarter liquefaction volumes to range from 6.9 to 7.2 million tons (Mt). That’s compared to 7.2 Mt in the first quarter and 7.66 Mt in 2Q2022.

Venture Global LNG Inc. has agreed to supply a state-owned German company with the super-chilled fuel for two decades as European offtakers continue to line up deals to replace Russian natural gas imports.  Venture Global said an affiliate of Securing Energy for Europe GmbH (SEFE) would purchase 2.25 million metric tons/year (mmty) of liquefied natural…

Global natural gas prices are starting to tick upward once again as maintenance events and warmer weather appear to signal more demand for LNG, but analysts are warning a bearish summer could still lie ahead. After sliding for several weeks to the lowest points since 2021, prompt Asian and European prices began to rally again…

Germany’s government continues to face criticism from environmental groups for its ambitious LNG import capacity plans and for supporting natural gas at the recent G7 meeting in Japan.  Claims that Germany overestimated its liquified natural gas capacity needs have not been confirmed by the government. Two proposed onshore terminals in Stade and Wilhelmshaven, and the…