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HomeLNGDeutsche Energy Terminal starts marketing regasification capacities on the German North Sea...

Deutsche Energy Terminal starts marketing regasification capacities on the German North Sea coast

The public-sector operating company Deutsche Energy Terminal (DET), responsible for operating and marketing the capacities of the four floating LNG terminals (FSRU) on the German North Sea Coast, is holding its first auction for regasification capacities (including storage and send-out) at the terminals in which it operates.

In two digital auction rounds starting on 16 October and 23 October, market players will be able to acquire utilisation rights for the short-term capacities in 2024 at the terminals Brunsbüttel and Wilhelmshaven 1, respectively.

“This is a major milestone in safeguarding the security of supplies and stabilising gas
prices in Germany and Central Europe,” said Dr Peter Röttgen, Managing Director of DET. “I would like to thank the colleagues and partners who have made this possible in the space of a few months in a demanding environment through their excellent team performance.”

Further auctions with short-term capacities at the Stade and Wilhelmshaven 2 terminals are planned in a subsequent round in December 2023. The marketing of long-term capacities with a term of more than one year is planned for April 2024.

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