Germany has committed to charter four floating storage and regasification units (FSRUs), two by Uniper and two by RWE, and selected the North Sea port of Wilhelmshaven as the first handling hub. The German government aims to diversify and strengthen the country's security of gas supply.
Uniper has chartered two FSRUs managed by Dynagas. The FSRUs Transgas Force and Transgas Power each have a natural gas-send-out capacity of up to 7.5 bcm/year and an LNG storage capacity of 174,000 m³. The FSRUs are expected to be commissioned in early 2023 with first gas send-out depending on the completion of the onshore installations at the sites selected by the German government.
In addition, RWE has chartered two FSRUs owned by Höegh LNG, which will jointly be able to import and regasify between 10 and 14 bcm/year of gas. RWE expects the two FSRUs to start operating as early as next winter. The group will now determine the most suitable site to moor the FSRUs, with a first expected in Wilhelmshaven, and options under consideration in Brunsbüttel, Rostock or Stade. RWE will have the technical operation handled by Höegh LNG.
In addition, an agreement was signed between the federal government and the state of Lower Saxony on the expansion of Wilhelmshaven into a green energy hub for Germany. Uniper is supporting this project with its on-site projects - in the short term in the form of the LNG terminal, and in the medium and long term in the form of the Green Wilhelmshaven project.
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