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Released March 21, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--As the war in Ukraine unfolds, Europe is accelerating--and, in some cases, dusting off--plans to import and develop liquefied natural gas (LNG). In 2021, Russia supplied about 150 billion cubic meters of gas out of an overall consumption of 490 billion by the 27 European Union (EU) member states, the U.K., Norway, Switzerland and Ukraine, and replacing that with other sources will be a long, complicated and ethically fraught process. Industrial Info is tracking about $6.5 billion worth of active LNG projects across Europe, the bulk of which are designed to receive and regasify LNG.
Click on the image at right for a map of active, grassroot LNG projects across Europe.
Among the most ambitious proposals is Italy's plan to become independent of Russian gas imports within 24 to 30 months, according to an announcement earlier this month by Italian energy transition minister Roberto Cingolani. Italy currently imports more than 90% of the natural gas it uses for power generation, with about 40% originating in Russia. Enel S.p.A. (Rome, Italy), which is Italy's leading utility, is reviving its long-dormant plans for the Porto Empedocle LNG Terminal in Sicily, which would have a throughput capacity of 8 billion cubic meters per year, and a pair of storage tanks, each with a capacity of 160,000 cubic meters.
Enel told Reuters earlier this month that it would be useful for Italy to have two additional LNG terminals. Like many other European nations seeking new means of energy security, Italy is turning to Qatar, the leading provider of LNG in the Middle East, for new resources. Despite its history of setbacks, the Porto Empedocle project already has most of its necessary permits in place. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can find more details in Industrial Info's project report.
Even with an aggressive international push to deny Russia energy profits, federal authorities in Italy have acknowledged it could take more than three years to replace all the gas it imports from Russia. But executives from Snam S.p.A. (San Donato Milanese, Italy), which runs more than 20,000 miles of pipeline across Italy, as well as most of its gas-storage facilities, recently assured investors that Italy and the EU have enough stocks of gas to get through the end of this winter, and that the war in Ukraine was not impacting the flow of gas, which is excluded from sanctions on Russia.
Snam is proposing several LNG-related projects across Italy, including two for the island of Sardinia: the Sarroch Terminal, which would have a 100 million-standard-cubic-foot-per-day regasification capacity; and the Portovesme Terminal in Portoscuso, which would have a 50 million-standard-cubic-foot-per-day regasification capacity. Subscribers can read more details, including storage capacities, in Industrial Info's reports on the Sarroch and Portovesme projects.
Click on the image at right for a graph detailing investment in grassroot LNG projects across Europe, by country.
Germany also is investing heavily in diversifying its natural gas sources, with German Chancellor Olaf Scholz recently telling Germany's parliament that the country is pursing the development of its first LNG terminals. These proposals include the Brunsbuettel Terminal in Schleswig-Holstein, with a throughput capacity of 8 billion cubic meters per year, and a pair of storage tanks of 165,000 cubic meters each. The facility would be supported by a gas pipeline to connect it with the Gasunie pipeline network, as well as jetties and offloading facilities. Subscribers can read more in Industrial Info's project reports on the terminal, pipeline and offloading facilities.
Scholz also indicated the Wilhelmshaven LNG Storage Terminal in Lower Saxony, which was placed on hold in 2020 amid weak market conditions, will be revived. The project would be built at the existing Wilhelmshaven Crude Oil & Refined Products Storage Terminal, which currently has 1.3 billion cubic meters of storage for crude oil, refined products and liquefied petroleum gas (LPG). Subscribers can learn more from Industrial Info's project report.
Germany is among the European countries that have most aggressively pushed for a transition to renewable energy, and Scholz insists the measures taken to secure LNG will not stop the country from reaching its goal of carbon neutrality by 2045: "Our current short-term needs can dovetail with what is already needed long-term for the transformation to succeed. An LNG terminal that today receives gas can tomorrow be used to import green hydrogen."
Russia's Nearest Neighbors Press Forward with LNG Terminals
One of Europe's LNG projects already under construction sits near a border with Russia: Haminan Energia Oy's (Hamina, Finland) Hamina-Kotka LNG Storage, Bunkering and Regasification Terminal in Hamina, Finland, which is in its final stages of commissioning. The facility has 30,000 cubic meters of storage capacity, 3,600 cubic meters of truck-loading capacity and 9,600 megawatt-hours per day of injection capacity. Subscribers can learn more from Industrial Info's project report.
Estonia, which also borders Russia, is preparing to begin construction next year on the Pakri Cape Harbor LNG terminal in Paldiski, which sits on the coast of the Baltic Sea, on the southern side of the Gulf of Finland. The import terminal includes two storage tanks, with 160,000 cubic meters of capacity, and 2.5 billion to 4 billion cubic meters per year of regasification capacity. Subscribers can learn more from Industrial Info's project report.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
Click on the image at right for a map of active, grassroot LNG projects across Europe.Among the most ambitious proposals is Italy's plan to become independent of Russian gas imports within 24 to 30 months, according to an announcement earlier this month by Italian energy transition minister Roberto Cingolani. Italy currently imports more than 90% of the natural gas it uses for power generation, with about 40% originating in Russia. Enel S.p.A. (Rome, Italy), which is Italy's leading utility, is reviving its long-dormant plans for the Porto Empedocle LNG Terminal in Sicily, which would have a throughput capacity of 8 billion cubic meters per year, and a pair of storage tanks, each with a capacity of 160,000 cubic meters.
Enel told Reuters earlier this month that it would be useful for Italy to have two additional LNG terminals. Like many other European nations seeking new means of energy security, Italy is turning to Qatar, the leading provider of LNG in the Middle East, for new resources. Despite its history of setbacks, the Porto Empedocle project already has most of its necessary permits in place. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can find more details in Industrial Info's project report.
Even with an aggressive international push to deny Russia energy profits, federal authorities in Italy have acknowledged it could take more than three years to replace all the gas it imports from Russia. But executives from Snam S.p.A. (San Donato Milanese, Italy), which runs more than 20,000 miles of pipeline across Italy, as well as most of its gas-storage facilities, recently assured investors that Italy and the EU have enough stocks of gas to get through the end of this winter, and that the war in Ukraine was not impacting the flow of gas, which is excluded from sanctions on Russia.
Snam is proposing several LNG-related projects across Italy, including two for the island of Sardinia: the Sarroch Terminal, which would have a 100 million-standard-cubic-foot-per-day regasification capacity; and the Portovesme Terminal in Portoscuso, which would have a 50 million-standard-cubic-foot-per-day regasification capacity. Subscribers can read more details, including storage capacities, in Industrial Info's reports on the Sarroch and Portovesme projects.
Click on the image at right for a graph detailing investment in grassroot LNG projects across Europe, by country.Germany also is investing heavily in diversifying its natural gas sources, with German Chancellor Olaf Scholz recently telling Germany's parliament that the country is pursing the development of its first LNG terminals. These proposals include the Brunsbuettel Terminal in Schleswig-Holstein, with a throughput capacity of 8 billion cubic meters per year, and a pair of storage tanks of 165,000 cubic meters each. The facility would be supported by a gas pipeline to connect it with the Gasunie pipeline network, as well as jetties and offloading facilities. Subscribers can read more in Industrial Info's project reports on the terminal, pipeline and offloading facilities.
Scholz also indicated the Wilhelmshaven LNG Storage Terminal in Lower Saxony, which was placed on hold in 2020 amid weak market conditions, will be revived. The project would be built at the existing Wilhelmshaven Crude Oil & Refined Products Storage Terminal, which currently has 1.3 billion cubic meters of storage for crude oil, refined products and liquefied petroleum gas (LPG). Subscribers can learn more from Industrial Info's project report.
Germany is among the European countries that have most aggressively pushed for a transition to renewable energy, and Scholz insists the measures taken to secure LNG will not stop the country from reaching its goal of carbon neutrality by 2045: "Our current short-term needs can dovetail with what is already needed long-term for the transformation to succeed. An LNG terminal that today receives gas can tomorrow be used to import green hydrogen."
Russia's Nearest Neighbors Press Forward with LNG Terminals
One of Europe's LNG projects already under construction sits near a border with Russia: Haminan Energia Oy's (Hamina, Finland) Hamina-Kotka LNG Storage, Bunkering and Regasification Terminal in Hamina, Finland, which is in its final stages of commissioning. The facility has 30,000 cubic meters of storage capacity, 3,600 cubic meters of truck-loading capacity and 9,600 megawatt-hours per day of injection capacity. Subscribers can learn more from Industrial Info's project report.
Estonia, which also borders Russia, is preparing to begin construction next year on the Pakri Cape Harbor LNG terminal in Paldiski, which sits on the coast of the Baltic Sea, on the southern side of the Gulf of Finland. The import terminal includes two storage tanks, with 160,000 cubic meters of capacity, and 2.5 billion to 4 billion cubic meters per year of regasification capacity. Subscribers can learn more from Industrial Info's project report.
Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.
