Germany spent big on liquefied natural gas terminals to ensure energy security, but the high cost of using them means they’re bringing in a tiny fraction of its gas needs. Only about 8% of ...
The European Commission has approved a €4.06 billion grant by Germany to support the operation of four storage and regasification units (FSRUs) for the import of LNG by Deutsche Energy Terminal (DET).
Germany currently has four in situ FSRU-based terminals — the existing two in Wilhelmshaven and Brunsbuttel, plus two in Mukran. Fearnley LNG highlighted that DET will run an auction for first ...
That’s because it’s more expensive to operate floating import terminals, especially in the winter. Also, fuel gas losses, associated with power consumption needed for the process of turning LNG back ...
By Melissa Eddy Germany’s economic output shrank for a second straight year in 2024, data released Wednesday showed. How to revive it has become a central issue as voters prepare to go to the ...