Germany to Build LNG Terminal to Cut Reliance on Russian Gas

Germany to Build LNG Terminal to Cut Reliance on Russian Gas

Germany has signed a memorandum of understanding (MoU) with the country’s top power producer RWE and Dutch network operator Gasunie to build a liquefied natural gas (LNG) terminal in the port town of Brunsbuettel, Reuters reported in reference to an Economy Ministry announcement.

RWE and Gasunie signed the MoU with Germany’s state lender KfW.

This came as a part of Germany’s plans to stop relying on Russian energy imports, including natural gas responding to the Russian attack against Ukraine.

The cost of the project was not announced, but according to previous estimates, building an LNG terminal in Brunsbuettel off the ground will cost EUR 450 million.

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Fatma Ahmed 2046 Posts

Fatma Ahmed is a staff writer with six years’ experience in Journalism. She is working in the field of oil and gas for four years. She also worked in the field of economic journalism for 2 years. Fatma has a Bachelor Degree in Mass Communication.

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