UAE's ADNOC Delivers First LNG to German Floating LNG Terminal
02.20.2023 By TankTerminals.com - NEWS

February 20, 2023 [Offshore Engineer] – German utility RWE’s trading arm received its first cargo of liquefied natural gas (LNG) at Brunsbuettel port from Abu Dhabi National Oil Company (ADNOC) on Wednesday, saying the gas will be fed into to onshore pipelines from the end of this month.

 

The cargo was delivered on the vessel ISH to the floating LNG terminal “Hoegh Gannet” at Brunsbuettel. The terminal was chartered by RWE on behalf of the German government as part of efforts to ensure supply after Russia cut exports.

Germany has been increasing LNG purchases via existing European terminals and built up floating storage and regasification unit (FSRU) terminals on its coastlines in record time.

ADNOC and RWE agreed a deal last year on several years of LNG supplies to Germany from 2023.

“I am pleased that we have ADNOC as a strong partner at our side and that we are working together to make Germany’s energy supply as secure as possible,” said Andree Stracke, chief executive of RWE Supply & Trading.

Germany’s multi-layered strategy to cope without Russian gas also includes increased imports from European neighbors via North Sea gas pipelines, gas savings drives and the building of inventories.

“ADNOC Gas stands ready to provide further shipments of this key transition fuel to our partner, RWE and German industry,” ADNOC Gas acting CEO Ahmed Alebri was quoted as saying in the RWE statement.

A total of six FSRUs will become operational this year in Germany, to be replaced in future years by land-based regasification terminals as they become operational.

Further ahead, RWE and peers have plans to build import terminals for green ammonia and hydrogen to convert the coastal sites to import and produce low-carbon fuels.

Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Finland's Neste Cuts Margin Target Again as Biofuel Prices Fall
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Finnish oil refiner and biofuel maker Neste narrowed down its annual ren... Read More
Virya, Partners to Invest in 25-MW Belgian Green H2 Project
07.26.2024 - NEWS
July 26, 2024 [Renewables NowBelgian holding company Virya Energy NV and its partners HyoffGreen ... Read More
Valero Plans to Run Refineries at 92% of Combined Capacity in Q3 2024
07.26.2024 - NEWS
July 26, 2024 [Reuters]- U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to... Read More
Angola's New Cabinda Refinery to Start up Later this Year-CEO
07.26.2024 - NEWS
July 26, 2024 [Reuters]- Angola’s new Cabinda crude oil refinery is on track to start up later ... Read More