Partners Get Nod to Construct LNG Terminal in Germany

The European Commission has granted its approval to a joint venture, which will be set up by three companies, to develop a liquefied natural gas (LNG) terminal in Northern Germany.

Gasunie LNG Holding, Oiltanking GmbH and Vopak LNG Holding have acquired the approval under the EU Merger Regulation to establish a joint venture for owning and operating the terminal.

The three companies are jointly investigating the possibilities for the construction of the multi-service LNG terminal, which would include import and small scale services. The location under investigation is Brunsbüttel along the Elbe river close to the city of Hamburg.

The parties are currently conducting the feasibility study, which consists of economic, technical, nautical and regulatory assessments as well as the permits procedures.

Now that the EC approval is in place, the parties are ready to jointly work towards the next development phases. No financial investment decisions have been taken yet.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Seawork 2020

Seawork is Europe’s leading commercial marine and workboat exhibition, providing businesses the opportunity…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >