Norway’s Hoegh LNG Holdings has signed a second 10-year time charter with the German Federal Ministry for Economic Affairs and Climate Action for one of its floating storage and regasification units.

Hoegh LNG said its 170,00-cbm FSRU Hoegh Gannet (built 2018) is allocated to the contract.

The vessel will be sited at the Elbehafen LNG project in Brunsbüttel operated by Deutsche Energy Terminal.

Kpler data shows that the FSRU, which is laden with reload volumes from Spain, is currently off the Dutch coast. It is expected to arrive in Germany this month.

This terminal — which is set to be the third new FSRU-based LNG import terminal to be brought on stream in the country in the last two months — is developed by RWE and its subsidiary Elbehafen LNG.

Hoegh said it has worked in “close co-operation” with the companies on the new facility.

This is the second contract for Hoegh LNG with the Germany government which inked an earlier 10-year deal on a first unit, the 170,000-cbm FSRU Hoegh Esperanza (built 2018).

The Hoegh Esperanza berthed in Wilhelmshaven on 15 December and is delivering gas to the grid.

Germany’s second FSRU-based terminal TotalEnergies and Deutsche ReGas’ private Deutsche Ostsee LNG import project at Lubmin was officially opened on 14 January.

This is using the TotalEnergies-chartered, 145,130-cbm Hoegh-controlled FSRU Neptune (built 2009).

The country expects to put three more LNG import terminals into operation using FSRUs in Wilhelmshaven, Stade and Lubmin.

New FSRUs for northwest Europe

LocationVesselsTerminal capacity (BCM)
Existing:
Wilhelmshaven, GermanyHoegh Esperanza5
Lubmin, GermanyNeptune5.2
Inkoo, FinlandExemplar5
Brunbuttel, GermanyHoegh Gannet3.5
Expected:
Wilhelmshaven, GermanyExcelsior5
Le Harve, FranceCape Ann2.5