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A unit of Belgian LNG terminal operator Fluxys has purchased from Germany’s Gascade a 25 percent stake in the offshore pipeline that connects the Deutsche ReGas-operated Mukran LNG terminal with the German gas transmission network in Lubmin.
Fluxys Deutschland and Gascade did not provide the financial details of the deal in a joint statement issued last week.
The unit of Fluxys will market the associated transport capacities independently in future.
The 50-kilometer-long “Ostsee Anbindungsleitung” (OAL) pipeline connects the Mukran FSRU-based LNG terminal on the island of Rügen with Lubmin from which point it is linked to the pipeline network.
Fluxys Deutschland and Gascade are already co-owners of the “Nordeuropäische Erdgasleitung” (North European Natural Gas Pipeline, NEL) and the “Europäische Gas-Anbindungsleitung” (European Gas Pipeline Link, EUGAL), which also have their starting points in Lubmin near Greifswald.
Substantial transport capacities can be provided in Lubmin via the three pipeline systems to transport gas from the coast in the north-east to the main consumption areas in Germany and its neighboring European countries, the partners said.
German LNG terminal operator Deutsche ReGas recently received an operating permit for its FSRU-based LNG import facility in Germany’s port of Mukran.
Once fully commissioned, the LNG terminal will have a capacity of up to 13.5 billion cbm of gas annually to be fed into the gas pipeline networks.
Last month, Deutsche ReGas received the first LNG tanker at its LNG import facility as part of the commissioning phase.
The 2015-built 161,870-cbm, Maran Gas Alexandria, owned by Greece’s Maran Gas and Qatar’s Nakilat, a delivered the cargo from from Equinor’s Hammerfest LNG export plant in Norway to the 2021-built 174,000-cbm, Energos Power, in Mukran on the island of Rugen.
In June last year, Deutsche ReGas signed a deal with the German government to sub-charter the FSRU delivered in 2021 by Hudong-Zhonghua and owned by US-based Energos Infrastructure.
Deutsche ReGas took over the charter of Energos Power in October last year.
Energos Power will work along the FSRU Neptune in Mukran as part of the second phase of the LNG terminal.
Deutsche ReGas officially launched its Lubmin FSRU-based LNG import terminal, first private LNG terminal in Germany, in January last year.
It chartered the 2009-built 145,000-cbm, FSRU Neptune, from French energy giant TotalEnergies for this project.
Deutsche ReGas recently said it expects Neptune to arrive in Mukran in the beginning of summer.
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The post Fluxys buys stake in Mukran LNG pipeline appeared first on Energy News Beat.
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