EU green-lights new LNG terminal in Germany

A German bank and a Dutch network operator are approved by the European Commission for joint ownership of a German firm which will run an import and distribution terminal for liquefied natural gas in northern Germany.

LNG import terminal at the Port of Rotterdam. | Photo: Federico Gambarini/AP/Ritzau Scanpix

BY JENS THOMSEN, SHIPPINGWATCH, TRANSLATED BY JONAS SAHL HOLLÆNDER

German state-owned development bank KfW and Dutch gas system operator Gasunie have secured permission from the European Commission to take over and run company German LNG Terminal GmbH (GLNG).

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