The energy company Deutsche ReGas is putting a second LNG vessel into operation at its “Deutsche Ostsee” terminal in Mukran on Rügen. Ingo Wagner, CEO of Deutsche ReGas, told Handelsblatt that the goal of adding this extra ship is to help replenish Germany’s and Europe’s gas storage facilities, starting as early as Winter 2027/2028 and especially in the following spring.
According to Wagner, the vessel will be supplied by Mitsui O.S.K. Lines (MOL). The contract with the Japanese company is scheduled to be signed on Thursday. Wagner noted that the agreement with MOL runs until 2043 and covers a contract volume of several hundred million dollars. The ship is a Floating Storage and Regasification Unit (FSRU). FSRUs work by turning liquefied natural gas (LNG), which arrives via LNG tankers, back into gaseous form before injecting it into the natural gas grid.
Deutsche ReGas already operates one LNG vessel in Mukran. With the arrival of the second ship for the “Deutsche Ostsee” terminal, the company will eventually have six of these vessels operating in Germany.
Another operator of FSRUs in Germany is the state-owned Deutsche Energy Terminal GmbH (DET), which currently manages three FSRUs. DET confirmed to Handelsblatt that it plans to take a fourth LNG vessel into service in November.
Deutsche ReGas stated that the two new vessels at the “Deutsche Ostsee” terminal alone are expected to inject 13.5 billion cubic meters of gas into the grid annually, which accounts for about 15 percent of Germany’s total natural gas requirement.
