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The power terminal operator, KN (AB Klaipedos nafta), is beginning its business operation of the Elbehafen LNG terminal in Brunsbüttel, northern Germany. This marks KN’s second involvement in a German LNG terminal, following its position because the business operator of the Wilhelmshaven LNG terminal on the North Coastline since autumn 2022.
The Elbehafen LNG terminal, located within the port metropolis of Brunsbüttel on the Elbe River’s mouth, was developed by Elbehafen LNG GmbH – a subsidiary of the Ger-man power group RWE, on behalf of the German authorities.
Based on the signed contract, business terminal administration providers embrace managing logistics operations, fuel dispatching operations, fuel accounting and reporting, and different terminal operational providers tailored to the shopper’s wants.
The Elbehafen LNG terminal relies on the FSRU expertise. The terminal receives fuel from LNG carriers by way of the FSRU Höegh Gannet, which was inbuilt 2018 and has a storage capability of 170 000 m3. After growth of the pure fuel grid community the terminal could have a designed annual capability of seven.5 billion m3 of pure fuel.
The Elbehafen LNG terminal is the third LNG terminal inbuilt Germany during the last 12 months, following the nation’s rush to develop new LNG terminals within the aftermath of Russia’s warfare in Ukraine to keep away from an power deficit.
Darius Šilenskis, CEO of KN, factors out that yet one more profitable bid for the business operation of the German LNG terminal confirms that the choice taken greater than 5 years in the past to concentrate on the event of the LNG enterprise on worldwide markets was the best one.
“The expansion of LNG terminal building tasks because the begin of the Russian warfare in Ukraine has created a further marketplace for our providers. Nonetheless, we’ve got been planning an bold growth within the international LNG market lengthy earlier than the warfare. Thus far, we’ve got contributed to greater than 10 completely different LNG tasks world wide. We’re delighted to have the ability to add one other new business operation contract in Germany to our stable portfolio of worldwide tasks,” stated Šilenskis.
Šilenskis notes that KN’s new long-term technique for 2023 – 2050, authorized in mid-June, additionally focuses on the event of the worldwide LNG enterprise. Leveraging their data and experience, the corporate is poised to increase LNG terminal improvement actions in rising markets and to actively search extra new LNG tasks wherein KN could be chosen as a marketing consultant, an operator and, if profitable, even a shareholder or investor.
Learn the article on-line at: https://www.lngindustry.com/floating-lng/07072023/kn-becomes-commercial-operator-of-german-lng-terminal/
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