MOSCOW (MRC) -- TotalEnergies announced the start-up on Friday of the Deutsche Ostsee LNG import terminal for liquefied natural gas (LNG) at the Baltic Sea industrial port of Lubmin in eastern Germany, at the border with Poland, said the company.
The French energy and petrochemicals major provided Lubmin with a floating storage and regasification unit (FSRU) and is supplying LNG to the terminal.
The FSRU has an regasification capacity of 5bn cubic metres (bcm)/year of gas, enough to cover about 5% of German demand, the company said. TotalEnergies contracted 2.bcm/year of Lubmin’s regasification capacity and has begun delivering LNG, it said.
With the project’s start-up, the company will increase its total LNG imports to Europe to more than 20m tonnes/year, or about 15% of the continent’s regasification capacity, it added. Lubmin’s official inauguration will take place on Saturday, 14 January, to be attended by German Chancellor Olaf Scholz.
The project is privately financed and operated by Deutsche Regas. In a separate statement, Deutsche Regas on Friday confirmed that it concluded LNG supply deals with TotalEnergies and another supplier, MET Group.
We remind, LANXESS and French energy group TotalEnergies have entered into a cooperation on the supply of biocircular styrene. Unlike conventional styrene, the raw material used by TotalEnergies is based on tall oil, which is derived from a tree resin and is a by-product of pulp production. LANXESS uses the styrene to produce sustainable ion exchange resins. These products are applied primarily in the treatment of wastewater and chemical process flows as well as in the food industry.