Reports related to this article:
Project(s): View 6 related projects in PECWeb
Released October 19, 2022 | GALWAY, IRELAND
en
Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Germany's plan to replace a significant portion of Russian gas imports with liquefied natural gas (LNG) has advanced with the confirmation of its first LNG deliveries from the United Arab Emirates (UAE).
German energy major RWE AG (Essen, Germany) has confirmed that the first delivery of LNG from Abu Dhabi National Oil Company (ADNOC) will arrive at the new floating storage and regasification unit (FRSU) terminal at Brunsbüttel, near Hamburg, in December. It will comprise 137,000 cubic meters of LNG. The delivery forms part of a wider energy trade deal struck in recent weeks between Germany and the UAE for the delivery of more LNG cargoes in the coming year--up to six according to some media reports.
"The events of recent weeks have shown once again that Europe, and especially Germany, must urgently diversify their gas imports as soon as possible," explained RWE Chief Executive Officer Markus Krebber. "With this in mind, today we share the great news that RWE and ADNOC Group have agreed on the first LNG delivery to the new floating terminal at Brunsbüttel, near Hamburg. Floating terminals for LNG are quick solutions to move away from pipeline-bound gas imports from Russia. RWE has chartered two of these special ships to support the German government's efforts to increase security of supply. The first cargo delivered by ADNOC is expected to arrive in Germany in late December 2022 and...we will be exploring further deliveries starting from 2023 onwards under a signed Memorandum of Understanding."
The terminal at Brunsbüttel is one of two FSRUs that RWE has chartered on behalf of the German government. RWE is also behind the major Brunsbüttel project to build a port for handling LNG which will cover, among other things, a jetty with two berthing facilities for ships up to Q-Max size--the largest class of LNG ship--as well as facilities for distributing LNG by trucks, rail tank cars and smaller ships. Subscribers to Industrial Info's Global Market Intelligence (GMI) Terminals Project Database can click here for the Brunsbüttel project report.
Germany is renting a total of five floating terminals to help with its gas crisis sparked by Russia's invasion of Ukraine and its severe throttling of gas supplies to Europe throughout 2022. According to the International Energy Agency (IEA), at the end of 2021 Germany was the world's second-biggest purchaser of Russian crude after China, importing 687,000 barrels per day (BBL/d) of crude and 149,000 BBL/d of oil products from Russia. Before the war, the country was reliant on Russia for 55% of its gas imports but that figure is now less than half and falling.
In recent weeks key Russian gas pipelines to Europe, Nord Stream 1, and the almost finished Nord Stream 2 pipeline, were damaged in a suspected sabotage attack. For additional information, see October 10, 2022, article - Nord Stream 2 Pipeline Will Never Start Operations. Last month, the government granted approval to its fifth FSRU import terminal at Wilhelmshaven, already home to one of the country's first planned FSRUs. It will be ready to start operating at the beginning of the heating period next year and will have an annual importing capacity of about 5 billion cubic meters--enough to cover about 5% of Germany's annual consumption.
In related news, ADNOC delivered its first direct diesel delivery of 33,000 tonnes to Germany's Wilhelm Hoyer GmbH & Company in early September, with an agreement to supply up to 250,000 tonnes of diesel per month in 2023. It also delivered its first demonstration cargo of low-carbon ammonia to German company Aurubis, a leading supplier of nonferrous metals and one of the largest copper recyclers worldwide. It will use it as a feedstock in its wire rod plant. It forms part of ADNOC's plan to become a global supplier of low-carbon ammonia. Industrial Info is tracking a US$700 million project to develop a 1 million-ton-per-annum low-carbon ammonia plant at TA'ZIZ, the chemicals, industrial services and logistics hub in the Ruwais Industrial Complex in UAE.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
German energy major RWE AG (Essen, Germany) has confirmed that the first delivery of LNG from Abu Dhabi National Oil Company (ADNOC) will arrive at the new floating storage and regasification unit (FRSU) terminal at Brunsbüttel, near Hamburg, in December. It will comprise 137,000 cubic meters of LNG. The delivery forms part of a wider energy trade deal struck in recent weeks between Germany and the UAE for the delivery of more LNG cargoes in the coming year--up to six according to some media reports.
"The events of recent weeks have shown once again that Europe, and especially Germany, must urgently diversify their gas imports as soon as possible," explained RWE Chief Executive Officer Markus Krebber. "With this in mind, today we share the great news that RWE and ADNOC Group have agreed on the first LNG delivery to the new floating terminal at Brunsbüttel, near Hamburg. Floating terminals for LNG are quick solutions to move away from pipeline-bound gas imports from Russia. RWE has chartered two of these special ships to support the German government's efforts to increase security of supply. The first cargo delivered by ADNOC is expected to arrive in Germany in late December 2022 and...we will be exploring further deliveries starting from 2023 onwards under a signed Memorandum of Understanding."
The terminal at Brunsbüttel is one of two FSRUs that RWE has chartered on behalf of the German government. RWE is also behind the major Brunsbüttel project to build a port for handling LNG which will cover, among other things, a jetty with two berthing facilities for ships up to Q-Max size--the largest class of LNG ship--as well as facilities for distributing LNG by trucks, rail tank cars and smaller ships. Subscribers to Industrial Info's Global Market Intelligence (GMI) Terminals Project Database can click here for the Brunsbüttel project report.
Germany is renting a total of five floating terminals to help with its gas crisis sparked by Russia's invasion of Ukraine and its severe throttling of gas supplies to Europe throughout 2022. According to the International Energy Agency (IEA), at the end of 2021 Germany was the world's second-biggest purchaser of Russian crude after China, importing 687,000 barrels per day (BBL/d) of crude and 149,000 BBL/d of oil products from Russia. Before the war, the country was reliant on Russia for 55% of its gas imports but that figure is now less than half and falling.
In recent weeks key Russian gas pipelines to Europe, Nord Stream 1, and the almost finished Nord Stream 2 pipeline, were damaged in a suspected sabotage attack. For additional information, see October 10, 2022, article - Nord Stream 2 Pipeline Will Never Start Operations. Last month, the government granted approval to its fifth FSRU import terminal at Wilhelmshaven, already home to one of the country's first planned FSRUs. It will be ready to start operating at the beginning of the heating period next year and will have an annual importing capacity of about 5 billion cubic meters--enough to cover about 5% of Germany's annual consumption.
In related news, ADNOC delivered its first direct diesel delivery of 33,000 tonnes to Germany's Wilhelm Hoyer GmbH & Company in early September, with an agreement to supply up to 250,000 tonnes of diesel per month in 2023. It also delivered its first demonstration cargo of low-carbon ammonia to German company Aurubis, a leading supplier of nonferrous metals and one of the largest copper recyclers worldwide. It will use it as a feedstock in its wire rod plant. It forms part of ADNOC's plan to become a global supplier of low-carbon ammonia. Industrial Info is tracking a US$700 million project to develop a 1 million-ton-per-annum low-carbon ammonia plant at TA'ZIZ, the chemicals, industrial services and logistics hub in the Ruwais Industrial Complex in UAE.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
