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The second LNG terminal was launched in Germany

The capacity of the terminal is 5 billion cubic meters of gas per year, which is enough to cover approximately 5% of Germany’s needs.

French oil and gas company Total Energies has commissioned the Neptune floating liquefied natural gas (LNG) terminal in northeastern Germany. This was reported on the company’s website on Friday, January 13.

The official opening ceremony of the terminal in Lubmin (Mecklenburg-Western Pomerania) will take place tomorrow in the presence of German Chancellor Olaf Scholz.

It is indicated that the capacity of this terminal is 5 billion cubic meters. m of gas per year, which is enough to cover about 5% of Germany’s needs.

“Europe is facing a historic gas supply crisis due to a sharp drop in supplies from Russia,” said Total Energies spokesman Stefan Michel. “Thanks to the launch of the Lubmin terminal, the company will be able to increase gas imports to Europe to more than 20 million tons per year.”

The floating terminal in Lubmin is the second such project in Germany. On December 21, Germany’s first floating LNG terminal was opened in the northern city of Wilhelmshaven.

In total, by the end of 2023, six floating terminals are planned to be built on the coast of Germany – five public and one private. Their total capacity is estimated at 33 billion cubic meters per year.

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Source: korrespondent

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