The German company Hanseatic Energy Hub (HEH) has taken a final investment decision (FID) to build the 13.3 bcm/year Stade LNG onshore import terminal, located near Hamburg, in northern Germany. Around €1bn will be invested in the construction of the HEH terminal. The facility, which is planned for commissioning in 2027, will become Germany’s first land-based LNG terminal.
Once the HEH land-based terminal enters into service, the floating storage and regasification unit (FSRU) ‘Energos Force’ chartered by Germany’s federal government will set sail from Stade. The 5 bcm/year floating LNG terminal, which has been on site since March 2024, will continue to secure the gas supply in the short term until the more efficient land-based terminal is completed.
Germany has LNG terminals in Wilhelmshaven, Lubmin, Brunsbüttel, as well as in Mukran, which received its first FSRU, ‘Energos Power’, in early 2024. In 2023, LNG terminals accounted for about 7% of total German gas imports.