New course for Rügen: German regas ends charter contract for LNG ship

New course for Rügen: German regas ends charter contract for LNG ship

A surprising step in the liquid gas industry: The German Regas and the Federal Ministry of Economics (BMWE) have ended the charter contract for the LNG ship "Energos Power". This agreement is considered "mutual" and was described as satisfactory by both sides. The contract was originally terminated by the German regas, the only private sector operator of an LNG import terminal in Germany, in February. The reason for this step was the competitor, which is perceived as unfair, the German Energy Terminal (DET) is called, as the [Stern] (https://www.stern.de/news/Deutsche-regas-und-und-bundes-bunenden-charter contract--Lng-schiff-35813812.html) reports.

det runs the LNG terminals in Wilhelmshaven, Stade and Brunsbüttel and reacted to the termination with the determination that all regulatory requirements are observed. The Ministry of Economic Affairs also rejected allegations of the distortion of competition and stated that the marketing concept of the DET was approved under EU law, according to the information of the [Nordkurier] (https://www.nordkurier.de/regional/mecklenburg-vormern/ contract-fuer-schiffigtigt-deutsche- and-bund---3674987).

negotiations on the future

The German regas had rented the “Energos Power” ship in 2023 for a period of ten years to operate the terminal before Rügen, which has started regular operation since September 2022. However, with the termination of the contract, possible future possible uses of the ship are now on the agenda. According to the talks between the parties, there will still be negotiations on how the "Energy Power" can be used in the future.

Ingo Wagner, the managing director of the German regas, is satisfied with the out -of -court solution achieved. The responsible persons showed "a good hand", says Bernhard Kluttig from the BMWE, who praised the constructive discussions. In the meantime, the terminal continues to be operated with the other ship, the "Neptune", which has the task of converting liquid gas into gas and feeding it into the network - and is also in Mukran.

environmental concerns and expansion plans

The municipality of Binz, which is located on the rügic coastal area, expresses concerns about the possible endangerment of tourism, nature and the climate through the operation of the terminal. Climate protectionists also have doubts about the need for the terminal to ensure energy supply in Germany. Nevertheless, the German regas sees the terminal as well used; All booked slots have already been used for the current quarter, and there is also a complete utilization for 2025.

by 2027 the German regas even intends to station a second regasification ship in Mukran in order to further increase capacity. This remains flexible and reacted to the needs of the market, while at the same time you want to meet the challenges of energy prices and sustainable operation. The development remains exciting and it remains to be seen how the situation is developing.