German network agency clears way for operation of LNG terminal

Workers build gas pipleines for the planned LNG liquid gas terminal. Photo: Marcus Brandt/dpa

The company Deutsche Regas announced that it had been exempted from tariff and network access regulation by the agency.

Without such an exemption, operators are not allowed to freely set tariffs and access rules for their terminals. An exemption is possible if, for example, competition in gas supply and security of supply are improved, the company said.

Deutsche Regas wants to put a floating LNG terminal into operation in Lubmin as early as the beginning of December. The company will be technically ready by December 1, according to Stephan Knabe, head of the supervisory board. However, approval from the responsible state office is still pending.

In the first stage of expansion, up to 5.2 billion cubic metres of natural gas are to be fed into Lubmin. This capacity is to be expanded thereafter, according to the company.

Germany is relying on liquefied natural gas delivered by ship to replace Russian pipeline gas and is building several terminals for the import.

 

Courtesy © dpa Deutsche Presse-Agentur GmbH www.dpa.com

 

 

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