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Project Insights

German LNG terminal plans draw mixed response

Companies have responded warmly to the prospect of booking capacity at Germany’s proposed LNG terminal, according to one of the project sponsors, but industry-watchers are sceptical Companies have responded warmly to the prospect of booking capacity at Germany’s proposed LNG terminal, according to one of the project sponsors, but industry-watchers are sceptical.
By Silvia Favasuli 7 February 2018 Europe & Russia / LNG 0 29453
A tanker at the Gate LNG terminal in the Netherlands. (Gate)

Germany’s planned LNG terminal is attracting a good level of interest from companies looking to book capacity, a representative from one of the project’s sponsors has said. However, analysts are sceptical that tentative statements of interest will become firm commitments.

“Things are going well at the moment. At the beginning it’s easy; everyone is showing interest and no one wants to miss the ball. We have already signed a few memorandums of understanding [MOUs] with some companies,” Marcel Tijhuis, business development manager at Gasunie, told delegates...