German utilities take on LNG supply duties
The first two floating import terminals now have commitments to full deliveries
Europe has learned the hard way on numerous occasions that LNG import capacity does not equal supply. The German government is clearly keen not to repeat the mistake, as it has inked agreements with three of the country’s utilities that specify that all capacity in two new floating storage and regasification units (FSRUs) must be filled. The Federal Ministry for Economic Affairs and Climate Action, or BMWK, has signed memorandums of understanding (MoUs) with Uniper, RWE and the VNG subsidiary of EnBW to supply the Brunsbuettel and Wilhelmshaven FSRUs with gas, with legally binding contracts being drawn up “quickly”. “The declared aim is to use [the FSRUs] to full capacity as soon as they are

Also in this section
5 June 2025
The new government is talking and thinking big, and there are credible reasons to believe it is more than just grandstanding
5 June 2025
Russia has ample spare gas, and Iran needs it, but sanctions and pricing pose steep hurdles.
5 June 2025
EU half measures over storage regulation, geopolitical risks to ending Russian gas, power outage questions and China’s LNG resale leverage make for a challenging path ahead.
3 June 2025
China will play a huge role in driving gas demand, with its Qatar partnership crucial to this growth amid global structural challenges