The Brunsbuettel-based joint venture between Dutch companies Gasunie LNG Holding, Vopak LNG Holding and Oiltanking, (a unit of Marquard & Bahls based in Hamburg), German LNG Terminal is reportedly ready to sign Heads of Agreements.
Katja Freitag, a German LNG Terminal spokesperson, said Brunsbüttel is emerging as the “ideal geographical location” for the project, as it is easily accessible for Q-Max carriers and ideally placed to supply LNG to the port of Hamburg. She added that is also based at the entrance to the Kiel Canal, which provides access to the Baltic and Scandinavian markets.
German LNG Terminal has a planned capacity of 8 bcm. It plans to offer services including the unloading and loading of LNG carriers, the temporary storage of LNG, the re-gasification of LNG and its send-out into the German natural gas network and LNG distribution by truck and rail car.
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