RWE Charters Two Floating LNG Terminals And Takes Over Operational Responsibility

In the effort to free Germany from its dependency on Russian gas, an important milestone has now been reached: on behalf of and in the name of the German government, RWE has chartered two so-called Floating Storage and Regasification Units (FSRU).

FSRUs are special ships that offer a rapid interim solution for landing liquefied natural gas (LNG) until the first LNG terminals on the German mainland are completed. RWE will also manage the operation of the vessels.

Floating Storage and Regasification Units (FSRU)

Both vessels are owned by Höegh LNG-operator of the world's largest FSRU fleet

Both vessels are owned by Höegh LNG-operator of the world's largest FSRU fleet. Each of the ships is capable of receiving up to 170,000 cubic meters of LNG via tankers in one unloading, converting it to the gaseous state on board and then feeding it into the gas grid.

With the two 300-meter-long FSRUs, between 10 and 14 billion cubic meters of natural gas can be made available to the German gas market annually. By comparison, the throughput of a land-based LNG terminal is between 8 and 10 billion cubic meters per year.

RWE chartered two special ships