Page 9 - Port of Hamburg Magazine - 02.18

LNG terminal on Lower Elbe soon a reality?
‘German LNG Terminal GmbH’ is the full name of a joint venture by the LNG experts that have opted for a Brunsbüttel site. They are actively pursuing the process of gaining planning permission. Should everything go to plan, construction of Germany’s first LNG terminal will commence there in 2020.
Plans for the erection of a LNG terminal are at last be- coming tangible in Germany, and the gap in infrastruc- ture for this environment-friendly fuel closed. Since the beginning of this year, German LNG Terminal has been largely responsible for driving forward the plans for realization of a German LNG terminal. The compa- ny is a joint venture between Gasunie LNG Holding of the Netherlands, Vopak LNG Holding, and Oiltanking, a subsidiary of Hamburg-based Marquard & Bahls. Their aim is to bring about construction, ownership and operation of an import terminal in Northern Ger-
many for liquefied natural gas (LNG). The focus is on Brunsbüttel as the site, which has emerged as suita- ble and commercially feasible. Proximity to the Port of Hamburg, as well as the industrial groups based in the region, offer an attractive economic environment. Via the Kiel Canal, the Scandinavian and Baltic coun- tries are also very accessible.
When founded in January, German LNG Terminal kicked off an ‘Open Season’. This process has in- volved eliciting market interest for an LNG terminal
GREEN PORT ■
PROXIMITY TO THE PORT OF HAMBURG AND THE MARKETS OF NORTHERN AND EASTERN EUROPE GIVES BRUNSBÜTTEL AN ATTRACTIVE COMMERCIAL ENVIRONMENT FOR GERMANY’S FIRST LNG TERMINAL
Port of Hamburg Magazine | June 2018 | 09
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