Minister for Economic Affairs and Energy Peter Altmaier announced that he hopes to install the legal framework for establishing one or more new liquefied natural gas (LNG) terminals in Germany before the end of the summer “in order to give all market players planning and investment security quickly.”
In such terminals, LNG is unloaded from tankers and returned to its gaseous state. Germany wants terminal facilities to diversify its sources of gas. Among the ports jockeying to get the green light to establish such a terminal are those in Brunsbüttel (Schleswig-Holstein), Wilhelmshaven (Lower Saxony) and Stade (Lower Saxony).
In late March, Germany’s federal cabinet approved a plan that aims to make it easier for LNG project companies to invest in terminals. The draft legislation would require LNG companies to pay only 10 percent of the costs of connecting the terminal to the German natural gas network.