28JAN2019 - NEWS - ExxonMobil inks preliminary deal to take a substantial share of LNG terminal planned for Wilhelmshaven

On Friday German utility Uniper announced that, ExxonMobil had signed a preliminary deal to take a substantial share of the regasification capacity at a liquefied natural gas (LNG) floating terminal planned for Wilhelmshaven. The FSRU will provide LNG companies from the United States, but also other countries from around the world, with the opportunity to deliver LNG into the German and European markets. LNG is seen helping the German government diversify away from pipeline gas arriving from Russia, Norway and the Netherlands. The Wilhelmshaven FSRU is expected to have a send-out capacity of 10 billion cubic metres per year and will be Germany’s first LNG terminal. It is expected to begin operating in the second half of 2022.

Published by Editor - www.Livebunkers.com at 28-Jan-2019 04:53:40 [UTC] , contact editor at editor@livebunkers.com