German LNG projects secure capacity commitments

Two of the country’s proposed import terminals ink MoUs with anchor clients

The 12bn m³/yr Stade and 8bn m³/yr Brunsbuettel LNG regasification facilities have both secured memorandums of understanding (MoUs) with new capacity holders as the development of German LNG import capabilities gathers impressive momentum in the wake of the Ukraine crisis. German utility EnBW is eyeing at least 3bn m³/yr of capacity in the former project, while Shell has signed on for a “substantial part” of the latter’s. Germany’s desire to wean itself off Russian gas as swiftly as possible, and the risk posed to its economy should Moscow decide to interrupt supply, has supercharged the country’s appetite to speed up alternative options. In the short term, it may be able to benefit from its