TotalEnergies has announced the start-up of the Deutsche Ostsee LNG import terminal for liquefied natural gas. Operated by Deutsche ReGas and located in Lubmin on the German Baltic Sea coast, the site’s official inauguration will take place tomorrow, attended by German Federal Chancellor Olaf Scholz. This project, to which TotalEnergies is contributing a floating storage and regasification unit and supplying LNG, will make the Company one of Germany’s main LNG suppliers.
In December 2022, TotalEnergies delivered the Neptune – one of the Company's two floating storage and regasification units) – to Deutsche ReGas. The vessel has an annual regasification capacity of 5 billion cubic meters of gas, enough to cover about 5% of German demand.
Following Deutsche ReGas’s open season procedure, in October 2022, TotalEnergies also contracted regasification capacity of 2.6 billion cubic meters of gas per year and began to deliver LNG from its global integrated portfolio to the Lubmin terminal.