Friday, July 6, 2007
Germany Team Up For Plant
July 6, 2007
Upstream
RWE Dea and Excelerate Energy have joined forces to develop a liquefied natural gas import terminal at Wilhelmshaven on Germany's northern coast.
Wilhelmshaven will have an onshore jetty with an unloading arm taking regasified LNG from Excelerate's specially adapted vessels, the same method being used at the US company's Teesside GasPort terminal in the UK.
The partners have already been granted approval for the deep-water port site and the onshore jetty.
The terminal is a separate project from an existing onshore terminal already being developed in Wilhelmshaven by German utility E.ON Ruhrgas.
The facility would not fit the European Union description of a full LNG terminal, neither would it have any storage tanks, and would therefore be exempt from any third-party access requirements.
Project start-up is scheduled for 2010, although it could be fast-tracked, depending on talks with local regulators.
