RWE has signed up to take on significant capacity from a planned 5mn t/yr German LNG import terminal
RWE keeps German LNG door open
Utility still sees at least a short-term need for gas even as Vopak steps back from proposed import terminal
German utility RWE has set itself a new target of 50GW of low-carbon generation capacity by 2030. But it still sees a role for gas-fired power and for LNG in the coming years. And that could be good news for the proposed 5mn t/yr German LNG import terminal, in which RWE has signed up to take a “significant part of the capacity”. The project was buffeted at the end of last week by one of its three shareholders, Dutch tank storage heavyweight Vopak, taking a step back from the project. “With the simultaneous exit from coal and nuclear energy, the need for additional capacity is particularly high,” says RWE CEO Markus Krebber. “Studies show that power plants with a total capacity of 20-40GW wil
Also in this section
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
