Group developing Germany’s fifth LNG terminal charters Excelerate FSRU

Sept. 2, 2022
Tree Energy Solutions, E.ON SE, and Engie SA will jointly develop a fifth FSRU in Wilhelmshaven, Germany, having been selected by the German Federal Ministry of Economics and Climate Protection to execute the project.

Tree Energy Solutions (TES) GMBH, E.ON SE, and Engie SA will jointly develop a fifth floating storage and regasification unit (FSRU) in Wilhelmshaven, Germany, having been selected by the German Federal Ministry of Economics and Climate Protection (BMWK) to execute the project. The companies are planning a fourth-quarter 2023 start of operations for the 5-billion cu m/year FSRU.

Engie chartered the FSRU for a 5-year term from Excelerate Energy LP on behalf of the BMWK.

TES and E.ON are building a green energy hub, including a hydrogen terminal, in Wilhelmshaven, Germany (OGJ Online, Apr. 28, 2022). TES says the FSRU will accelerate development of the hydrogen terminal, which TES has been developing since 2019 and plans to start for large-scale imports by 2025. 

TES’s hub will ultimately include six berths, 2 million cu m of onshore storage using 10 tanks, and direct access to natural gas, hydrogen, and CO2 pipeline networks.