After constructive discussions with the German regulatory authority (Bundesnetzagentur) German LNG Terminal GmbH has received the draft exemption decision.

The draft decision, to be reviewed by the Federal Cartell Office and the European Commission, states that the terminal will be exempt from tariff- and network access regulation on a long term basis and applies to the total annual throughput capacity of 8 billion cubic metres of gas, which is in line with the application of German LNG Terminal GmbH and provides a stable regulatory regime to its customers.

German LNG Terminal said this is another important step in the development of the first German LNG Terminal and a critical milestone on the way to a positive investment decision.

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3rd November 2020