The German state-owned investment and development bank KfW (on behalf of the German Federal Government), Gasunie (100% owned by the Dutch state), and RWE have signed a Memorandum of Understanding (MoU) on a joint project to build an 8 bcm/year LNG import terminal at Brunsbüttel, in Schleswig-Holstein (northern Germany). Under the terms of the MoU, Gasunie will operate the regasification plant, which will be 50% owned by the KfW on behalf of the Federal Government. The partners in the project are working to realise the venture as quickly as possible, whilst complying with all the rules governing authorisations and State aid. The project could be refitted in the future to process green hydrogen derivatives like ammonia.
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