According to the statement, binding offers should be prepare and submitted by pre-qualified bidders between August and October 2019.
The winners are to be announced in the Q1 of 2020, followed by the release of an early (or limited) notice to proceed to commence scheduled early activities.
Specifically, German LNG Terminal GmbH is a joint venture of Dutch companies Vopak and Gasunie as well as German company Oiltanking, part of Marquard & Bahls AG. The partners combine know-how in gas and LNG storage and handling, pipeline and terminal operations as well as a firm commitment to build Germany’s first LNG terminal. Vopak and Gasunie have already successfully joined forces to build and operate the GATE terminal in Rotterdam.
The joint venture behind the LNG terminal project in Brunsbuettel, Northern Germany will gain many benefits from the terminal, such as:
- its location near the North Sea along the Elbe river, and close to the Kiel Canal and therefore its easy access to markets in North-West Europe, Scandinavia and the Baltics;
- its close proximity to the port of Hamburg with according LNG bunker potential;
- its location within the ChemCoast Park that includes industrial customers with high energy needs;
- strong support of both local and regional government.
In addition, the German federal government supports an LNG terminal as it contributes to gas supply diversification and provides efficient supply chains for LNG as an alternative fuel.
In addition, the partners aims to construct, own and independently operate a combined import and distribution LNG terminal in Brunsbuettel, Northern Germany.
Up to now, the market has been eager to participate in the terminal project.