Outlooks diverge for German LNG projects
RWE remains bullish on Brunsbuettel while Uniper rethinks Wilhelmshaven
German utility RWE, which is signed up to take a “significant part of the capacity” of the proposed 5bn m³/yr LNG import facility in northwest Germany, remains confident of progress on the plant. But its peer Uniper is going back to the drawing board with a similar plan for a 10bn m³/yr project further along the country’s northwestern coast. “I can confirm that we expect the EPC contracts to be submitted by year-end,” says Markus Krebber, RWE’s CFO, while cautioning that the firm is not either the current or future operator of the planned facility. The Brunsbuettel terminal is bring advanced by a consortium of German logistics firm Oiltanking and Dutch infrastructure companies Vopak and Gasu

Also in this section
28 April 2025
Rewards offered by investment in the sector must be balanced by its energy consumption amid an increasingly gas-hungry domestic market
25 April 2025
PetroChina, Sinopec and CNOOC are aiming to rebalance their energy mixes but face technically difficult deepwater and shale task
25 April 2025
EACOP has overcome a significant hurdle, with a group of regional banks providing an initial financing tranche for a scheme that has attracted criticism from environmental campaigners
24 April 2025
The government hopes industry reforms can drive ambitious upstream plans