A Consortium of companies comprising Cobra, a company of the Vinci group, and Sener with a 62% and 38% share have sealed a deal with German LNG Terminal GmbH for the Liquefied Natural Gas (LNG) regasification terminal, which will be located in the German town of Brunsbüttel. The new terminal will offer an alternative to the gas imported by land.
This is the first regasification terminal in Germany, and it will allow the country to inject gas to the national network from the sea.
Located in the North of the country, at the mouth of the Elbe River in the North Sea, the regasification plant will have two 165,000-m3 storage tanks and the capacity to produce up to 8 billion cubic meters per Annum of natural gas per year, which can be expanded to at least 10.
The terminal will provide various services such as loading and unloading of carriers, storage of LNG, regasification, injection into the German natural gas grid and distribution of LNG via tankers and railway tanker wagons.
The German LNG Terminal GmbH has indicated that this terminal “will make a significant contribution to the security of energy supply in Germany and Europe.”
The EPC contract (Engineering, Procurement and Construction) is a continuation of the engineering work being carried out by the consortium and includes the design and construction of LNG terminals Sagunto and Bahía Bizkaia Gas (Spain), Gate terminal (Netherlands), Dunkerque (France) and Zeebrugge (Belgium).
The collaboration is worth a substantial investment and comprises a first tranche of preliminary work lasting around 9 to 15 months, with some construction work already taking place in parallel over a period of around 42 months.
The completion is expected in 2026, and all parties involved are working to further accelerate the project in compliance with all licensing and state aid requirements.
