Germany's Wilhelmshaven LNG terminal won't operate in Q1, DET says
FRANKFURT, Dec 16 (Reuters) -Germany's Wilhelmshaven LNG terminal, built in response to Europe's energy crisis, is currently not expected to handle any deliveries during the first quarter of 2025, according to a statement by its government-owned operator.
There would be no regasification activity at the terminal between Jan. 5 and April 1, 2025, Deutsche Energy Terminal GmbH (DET) said in a market notification, adding that this was not final and planning could still change short-term.
DET, which runs the LNG terminals that Berlin commissioned during the height of the continent's energy crisis, did not elaborate on why Wilhelmshaven would not operate during that period.
The technical operator of the terminal, which receives most of its LNG from the United States, is Uniper UN0k.DE, the utility that was bailed out by Berlin in 2022 after Russia, its former main gas supplier, stopped delivering.
"During the gas crisis, our capacities have already made a significant contribution to calming the market, the gas supply has been stabilized and gas prices have since fallen significantly," DET said in a statement.
"Following the immediate emergency measures, it is now important to define a framework for further marketing for DET's terminals that will be accepted by the market. We are currently making preparations for this, taking into account all framework and market conditions."
Reporting by Christoph Steitz and Riham Alkousaa, editing by Rachel More
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