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RWE secures access to capacity of future German LNG terminal

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LNG Industry,


According to Reuters, German utility RWE has secured access to substantial annual capacity of a LNG import terminal due to be constructed in Germany.

This contract with the future German LNG Terminal highlights RWE’s commitment to LNG as a fuel.

“LNG will play an important role in the North-West European gas market and therefore we are very pleased to take this step forward towards an LNG terminal in Germany,” announced RWE executive Andree Stracke in a recent statement.

A final investment decision (FID) is reportedly being planned for the end of next year and, following a positive outcome, the terminal could be operational by the close of 2022.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/07092018/rwe-secures-access-to-capacity-of-future-german-lng-terminal/

 

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