The EU has given the green light to Berlin to provide €40 million in state support to construct the country’s first on-shore LNG terminal that will increase security of gas supply and is expected to operate into 2044.
When Russia stopped supplying gas to Germany, the country was set to be short 50 billion cubic metres (bcm). Quickly, plans to rely on shipped liquefied natural gas (LNG) were made. Regasifying the supercooled gas takes special infrastructure, and plans to have a permanent one on Germany’s coastline are becoming increasingly concrete.
The terminal in Brunsbüttel was first announced two weeks after Russia invaded Ukraine in 2022. “The new LNG terminal in Brunsbüttel will improve gas supply and infrastructure in Germany,” EU state aid chief Margrethe Vestager affirmed Thursday (27 July).
To incentivise the Dutch utility Gasunie and Germany’s RWE to build the terminal, the two will receive €40 million through a special dividend set-up.
The new terminal, expected to be operational by 2026/27, can receive 10 bcm a year, replacing about one-fifth of historical Russian gas flows.
Source : Euractiv