Germany charters two FSRUs from Hoegh LNG
Germany's government has signed binding implementation agreements to charter two floating storage and regasification units (FSRUs) from Hoegh LNG, the company reported on May 5.
Since declaring its plan to phase out Russian gas in the wake of Moscow's invasion of Ukraine, the German government has pledged to invest up to €3bn ($3.2bn) in the development of four LNG import terminals over the next decade.
The projects include two FSRUs due to be deployed in the German port of Wilhelmshaven. One is being developed by Uniper and will have a regasification capacity of 10bn m3/year, while a second is being advanced by Tree Energy Solutions, and will bring ashore 2.2bn m3/yr of gas.
"We are very pleased and honoured to be selected by the German government to support Germany's security of energy supply with two of our modern, large-capacity FSRUs," Hoegh LNG CEO Thor Jorgen Guttormsen said in a statement.
Contracts for the vessels are due to be finalised by September or October, Hoegh LNG, with FSRU operations due to start at the end of the year.
Two more onshore projects are planned elsewhere in Germany. Gasunie has plans for a 8bn m3/yr import facility in Brunsbuttel, while Hanseatic Energy Hub wants to develop a 12bn m3/yr plant in Stade.