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TotalEnergies to Help Germany Import LNG to Ease Russia Grip

  • Floating terminal can provide 5% of Germany’s gas need
  • German fast-tracking LNG terminals, with 4 FSRUs expected
TotalEnergies floating LNG unit

TotalEnergies floating LNG unit

Source: TotalEnergies SE

Updated on

French energy major TotalEnergies SE is in talks with Germany on helping the country import more liquefied natural gas this year.

TotalEnergies is looking to provide one of its two floating storage and regasification units -- specialized vessels that can act as LNG terminals -- to Deutsche ReGas, which is developing an import terminal at the port of Lubmin in northeast Germany, TotalEnergies said in a statement. The hub is also where the Nord Stream gas pipelines from Russia make landfall, and whose facilities could be used to carry supplies from the new LNG unit to Germany’s onshore network.