Stade LNG Terminal
|This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.|
Stade LNG Terminal is a proposed LNG terminal in Stade, Germany.
The terminal is proposed for Stade, Germany.
- Owner: Hanseatic Energy Hub (HEH)
- Location: Stade, Germany
- Coordinates: 53.652459, 9.510382 (approximate)
- Capacity: 8.7 mtpa, 12.0 bcm/y
- Status: Proposed
- Type: Import
- Start Year: 2026
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day; bcm/y = billion cubic meters/year
The terminal is being pushed by Dow Chemical, which wants to see the project built on its factory site and is looking for ways of enabling LNG imports as soon as possible. The terminal is expected to import fracked gas from the United States, making the climate impacts of this project all the more consequential.
The investment cost was estimated in 2018 to be US$567 million.
In December 2020, Hanseatic Energy Hub (HEH), the project developer, launched the non-binding phase of an open season to gauge market interest in the facility. A binding phase for capacity bids is expected to be launched at the end of Q1 2021, with commercial operations set to start in 2025.
In February 2021, HEH announced that the non-binding phase of its open season confirmed market interest from global players that supported the "full planned capacity" of the facility. According to HEH Managing Director Manfred Schubert, "The bids and volume requests we received confirm our proposal to base the development on 12 Bcm/year capacity." HEH said it would be working closely with potential customers to finalise the detailed commercial offering and 'terminal user agreement' before launching the binding phase of the open season in the second quarter of 2021.
In March 2021, it was announced that the Belgian gas infrastructure company was joining the project as an 'industrial partner'. The agreement between HEH and Fluxys is to be confirmed following a merger clearance procedure with the competent authorities. HEH said it planned with Fluxys to jointly build a "near-zero carbon footprint" LNG terminal using excess heat from local industry for the regasification process.
A strategic partnership, with a view to future shipments of LNG from Canada to Europe, was announced in June 2021 between the Hanseatic Energy Hub and GNL Québec, the owners of the then proposed Energie Saguenay LNG Terminal in Quebec, Canada. The Energie Saguenay LNG Terminal project was effectively cancelled in July 2021 when Quebec's provincial government rejected the project, citing that developers had failed to prove that it would cut global greenhouse gas emissions.
Articles and resources
- German Stade LNG developer launches non-binding import capacity open season S&P Global, December 9, 2020
- Hanseatic Energy Hub launches non-binding phase of Open Season offering capacity in the LNG terminal project from 2026, Hanseatic Energy Hub press release, Dec. 9, 2020
- Stuart Elliott, Belgium's Fluxys to join HEH's Stade LNG import terminal project in Germany, S&P Global, Mar. 3, 2021
- Germany, Food and Water Europe, accessed December 4, 2019
- Liquefied Natural Gas In Germany Eurasian Ventures, updated Oct. 15, 2019 (accessed Jan. 11, 2020)
- Stuart Elliott, Interest in Germany's Stade LNG plant supports 'full planned capacity': developer, S&P Global, Feb. 22, 2021
- Anthony Wright, "Low-carbon supply chain for LNG from Canada to Germany announced", Gas World, Jun. 4, 2021
- Gordon Jaremko, Quebec Quashes Energie Saguenay LNG Terminal on Environmental Grounds, Natural Gas Intel, Jul. 22, 2021