TotalEnergies, Swiss Trader MET Book New LNG Capacity in Germany
- Capacity booked at Deutsche ReGas’s terminal in Lubmin
- Floating LNG terminal will be officially opened on Saturday
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TotalEnergies SE and Swiss energy trader MET Group booked capacity at a new LNG terminal in Germany, helping boost supplies to Europe’s biggest economy as it looks to replace Russian gas.
TotalEnergies contracted 2.6 billion cubic meters per year in the terminal at Lubmin, it said in a statement. The French company, which has provided a floating storage and regasification vessel with annual capacity of 5 billion cubic meters capacity, will send liquefied natural gas from its global portfolio and become one of Germany’s main supplier of the fuel.