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Trader Information

The state-owned terminal operating company Deutsche Energy Terminal GmbH (DET) regularly offers regasification capacities – including storage and send-out. The digital offers can be used to acquire usage rights at the state-operated terminals with North Sea access. On this website, we provide interested market participants with all necessary documents for current offers. You will also find a general guide to our award procedure (e.g. auction), background information, collected Q&As and the results of past Open Seasons.

Conducted and planned capacity offerings

The schedule will be updated regularly. As of 21 June 2024. 20240426_Capacity%20offerings_v2

General notes on DET Marketing rounds

Information for the procedure on our partner platform PRISMA

The capacity offerings for DET's regasification capacities are processed through our partner platform PRISMA. The following information is intended to facilitate your access and registration.

How to register your company on the PRISMA platform:
To participate in DET's capacity offerings on PRISMA, market participants must first register on the platform. Please inform yourself in advance at the following link: How to register your company on the PRISMA platform

Please register on the PRISMA platform: Registering your organisation on the PRISMA platform

Applying for an assignment to an operator:
After successful registration on PRISMA, market participants gain access to the platform. Here you will find information on how to be assigned to DET and then activated by DET for its auctions and capacity offerings: Application for assignments to operators

How do you bid on DET's offerings?
Several procedures are possible. Information on the auction procedure can be found here: Explanations of the DET auction and offer procedures

Do you as a shipper have questions about marketing?

If you have questions about marketing as a shipper, especially regarding DET's capacities, digital auctions and offerings, please send an email to:

A comprehensive overview of FAQs, which may already answer some of your questions, can be found in the next section on this page.

Secondary Trade

Information on Secondary Trade offers

Offers and further information on Secondary Trade are available here on the Prisma platform.

General Questions & Answers on Capacity Marketing

With the announcement of the auction, shippers will be informed about the process and the prerequisites for the assignment to the capacity offering. In general the following steps must be taken:

Step 1: Although not mandatory, we recommend to sign the Non-Disclosure Agreement (NDA) to protect your information, or to make reference to an existing NDA. The template is provided by DET.

Step 2: The Auction will take place on the PRISMA platform. Make sure you are registered and request assignment to DET.

Step 3: You will receive approval as an „Approved Bidder“ upon submission of required documents to 'capacities@energy-terminal.de' (described in the announcement of an individual capacity offering). We generally request financial securities in from of a minimum credit rating (S&P BBB-) or a SLBC as a replacement, and a Letter of Agreement to the TUA/GTCs.

Step 4: When entering a specific digital offering, shippers will explicitly accept the terms and conditions of the PRISMA auction platform and of DET. Acceptance of these Terms & Conditions will be a condition to bid. The Terms & Conditions will be published beforehand.

PRISMA is the platfrom where capacity offerings are held. Please follow the instruction under this link to register at PRISMA.

Bidders that do not meet the “Minimum credit Rating” may submit a “Replacement Credit Support” instead. As set out in the Terminal Use Agreement a Letter of Credit of € 6 million issued in advance of the auction will be accepted. Capacity holder in any of the DET’s terminals do fulfill the requirement of the Replacement Credit support, too.

Short-term capacities to be offered/auctioned will be announced on the DET website. Updates are also sent by e-mail to shippers. To be included on to the distribution list, please send your contact details to DET.

DET publishes which capacities have been sold and the respective price. The identity of the bidder/shipper is not disclosed publically. For alignment between shippers, DET may disclose the identy to slot holders in the same terminal in accordance with the respective Non-Disclosure-Agreement.

The LNGV obliges the terminal operator to offer at least 10% of the terminal's annual capacity on short-term basis. Long-term capacity holders (contracts exceeding one year) have to be excluded from the auctioning of these “mandatory” capacities.

Auctions with ascending clock start at a predefined price (in EUR/mmbtu) and volume (e.g. slots with a standard cargo size in mmbtu). The auction closes in the first round if the demand (bids) is equal to or lower than the offered volume. If the demand is higher than the offered volume the auction continues in a next round with an incremented price. Once the price was incremented, the auction closes either when the demand is equal to the offered volume or in a final pay as bid round (check the PRISMA website for details).

Detailed explanation

In an ascending clock auction the final pay as bid round (FPAB) is applied in any round after the first if the demand is lower than the offered volume. Each bidder is then asked to set a price and volume. The reserve price is the price of the preceding round. Bidders with the highest price and highest volume win. Please check the PRISMA website for details.

To incentivize deliveries of LNG to the market, the Terminal Use Agreement (TUA) may stipulate a penalty of 30% on the standard cargo value in OTD capacities.

As per LNGV, long-term capacities - i.e. contracts exceeding one year - are offered to the market at the regulated price. Capacities are allocated pro-rata to all bidders that request a capacity above a predefined minimum. The minimum capacity will be communicated before the open season. Shippers will also be informed how unsold capacities will be offered to the market.

In slot-based products, the offering includes regasification of LNG, the storage at the FSRU, and send-out of the gas.

Among others, the slot-based products do not offer gas in kind, bunkering fuels, harbor fees, tug boats, emission allowances.

The auction starting prices do not include grid entry costs.

The conditions of transfer of grid entry capacity to the User will be set out either in the TUA or in a separate transfer agreement. The actual transfer is processed via PRISMA close to the slot start date (generally several working days before) to avoid capacity transfers being affected by any delivery date changes for whatever reason.

DET books grid entry capacity for all slots on long-term base and will offer these "at cost" to all shippers during their respectice slot. The capacity will be sufficent to send out the maximum cargo size at average GCV during the slot duration.

See TUA which is shared before the offering is held.

The TSO connecting WHV is OGE, and the one connecting BBÜ is Gasunie.

Unfortunately not, we would require either the LOC or minimum rating.

Yes, any shipper acquiring capacity from 2025 onwards will be obliged to pay for the regas capacity and grid entry regardless whether it’s used or not (take or pay).

Background Information

About DET
DET is a state-owned German company that currently operates two – soon to be four – LNG terminals with access to the North Sea. All four terminals perform regasification using Floating Storage and Regasification Units (FSRU). As an operator of LNG facilities under the Energy Industry Act (EnWG), DET is responsible for marketing of the respective capacities. A brief introduction to DET, including the presentation of all four terminals, can be found at the following link (PDF, english)

Terminals
DET is responsible for marketing of one terminal in Brunsbüttel, one in Stade and two in Wilhelmshaven. More information about the terminals can be found on our Terminals page.

Regulation
DET's terminals are subject to EnWG provisions regarding third-party access (TPA) and tariffs. This means that DET adheres to the guidelines of the LNG Regulation (LNG-V) during auctions, ensuring transparent and non-discriminatory access. Fees are approved by the Federal Network Agency (BNetzA).

Gas quality
The gas to be regasified must comply with the 2nd gas family according to DVGW working sheet G 260 2021-09 of the German Technical and Scientific Association for Gas and Water (DVGW). The maximum permissible Wobbe index is 55.8 MJ/m3 for the Brunsbüttel and Stade terminals and 56.5 MJ/m3 for the Wilhelmshaven 1 and Wilhelmshaven 2 terminals.

Grid connection
Grid connection Our offering includes a product of regasification capacities at the terminal and the option to book fixed, freely assignable grid capacities for injection into the German transmission grid and for marketing of the gas at the virtual trading point. This option ensures that bidders can have their capacities forwarded accordingly.

Results of completed auctions

Since October 2023, Deutsche Energy Terminal GmbH has regularly conducted auctions for regasification capacities of the state-operated terminals with North Sea access. Here you can find collected information on all the auctions conducted so far:

December 2023
Short-term capacities for 2024 at the Stade site
Auction results
Press release

October 2023
Kurzfristkapazitäten für das Jahr 2024 an den Standorten Brunsbüttel und Wilhelmshaven 1
Auction results
Press release

LNG Carrier Approval Process

Please send corresponding to the terminal the form for ship nomination and request for approval to the following e-mail addresses:

Terminal WHV 01
Ship Nomination and Request for Approval WHV 01


Terminal BBÜ
Ship Nomination and Request for Approval BBU

Terminal Stade
Ship Nomination and Request for Approval STD

 

Explanation of the procedure

Image process authorisation

  1. Application for approval of the carrier by the terminal user or designated person
  2. Review of the application by the FSRU operator (1 working day)
  3. Exchange of documents and review (within 8 working days after exchange of documents)
  4. Meeting for approval review
  5. Arrival of the LNG carrier for the LNG transfer test
  6. Not less than 10 working days

A detailed explanation of the procedure for carrier approval and application for approval is included in the LNG Ship Inspection and Approval Procedure. If you are interested in this, we will be happy to provide it to you on request.

Tariffs

Tariff publication in accordance with Sec. 21 Par. 3 EnWG

Terminal Wilhelmshaven 1

Period: 1 January 2023 until 31 December 2023
Applied tariff: 0.35 €/MMBtu Costs for emission allowances and fuel (bunkers), which are calculated based on actual consumption, are added.

Period: 1 January 2024 until 31 March 2024:
Applied tariff: 0.35 €/MMBtu Costs for emission allowances and fuel (bunkers), which are calculated based on actual consumption, are added.

Period: 01 April 2024 until 31 December 2024
Applied starting price for auctions of short-term capacities pursuant to Sec. 8 Par. 2 LNGV as well as Sec. 9 Par. 4 Cl. 5 Nr. 6 LNGV: 0.55 €/MMBtu

Price step for auctions of short-term capacities pursuant to Sec. 9 Par. 5 Cl. 3 LNGV: 20 % of the applied starting price

Slot specific tariff determined by auction (final auction price): Auction results

Penalty for non-delivery of LNG or delivery of less than 125,000 m3 LNG for a slot that was marketed as part of the auctions for short-term capacities pursuant to Sec. 8 Par. 2 LNGV with obligation to deliver: 30 % of the final auction price

Long-term capacities have not been offered for the calendar year 2024.

Gas resp. LNG in kind has to be provided by the terminal user and tariffs for bunkers and CO2 emissions are added:

  • Provision of gas resp. LNG in kind by the terminal user
    Slots in closed loop (expected in the period 1 Apr to 24 May 2024 and 17 Oct to 31 Dec 2024) require an in kind provision of gas of 251 t/d or 2.5 % of the send-out volume (referring to an operation in base regasification mode with 500 mmscf/d send-out capacity). Slots in open loop (expected in the period 25 May to 16 Oct 2024) require an in kind provision of gas of 65.6 t/d or 0.7 % of the send-out volume (referring to 500 mmscf/d send-out capacity).

  • Tariff for bunkers
    Consisting of (i) the actually incurred, reasonable and documented (by invoices or receipts) Bunkers price determined according to the “first in first out principle” in respect of the FSRU’s Bunkers stock levels and using the Euro foreign exchange reference rate for USD for the day of the respective Bunkers invoice, or, if no price quotations are available for individual days, e.g. on weekends or public holidays, the daily price of the next day, as published by the European Central Bank on its website, multiplied by (ii) the quantity of Bunkers consumed in the FSRU’s engines and auxiliaries during the User’s Unloading and Regasification Period. Pursuant to the Time Charter Party a portion of such quantity of Bunkers are for the account of FSRU Owner and is therefore deduced from such quantities.

  • Tariff for CO2 emissions
    Consisting of the sum of (i) the daily price quotations of each day during the User’s Unloading and Regasification Period on the EEX EUA Spot End of Day Index, or, if no price quotations are available for individual days, e.g. on weekends or public holidays, the daily price of the next day, multiplied by (ii) the calculated amount of CO2 emissions due to Internal Use during the User’s Unloading and Regasification Period and/or consumption of the quantity of Bunkers for which the User is liable. For the calculation of CO2 emissions, the emission factors of 0.0561 t CO2/GJ for methane and 3.168 t CO2/t low sulphur gasoil are applied.

Terminal Brunsbüttel

Period: 1 January 2023 until 31 December 2023
Applied tariff: 0.40 €/MMBtu Costs for emission allowances and fuel (bunkers), which are calculated based on actual consumption, are added.

Period: 1 January 2024 until 31 March 2024:
Applied tariff: 0.40 €/MMBtu Costs for emission allowances and fuel (bunkers), which are calculated based on actual consumption, are added.

Period: 01 April 2024 until 31 December 2024
Applied starting price for auctions of short-term capacities pursuant to Sec. 8 Par. 2 LNGV as well as Sec. 9 Par. 4 Cl. 5 Nr. 6 LNGV: 0.58 €/MMBtu

Price step for auctions of short-term capacities pursuant to Sec. 9 Par. 5 Cl. 3 LNGV: 20 % of the applied starting price

Slot specific tariff determined by auction (final auction price): Auction results

PPenalty for non-delivery of LNG or delivery of less than 125,000 m3 LNG for a slot that was marketed as part of the auctions for short-term capacities pursuant to Sec. 8 Par. 2 LNGV with obligation to deliver: 30 % of the final auction price.

Long-term capacities have not been offered for the calendar year 2024.

Gas resp. LNG in kind has to be provided by the terminal user and tariffs for bunkers and CO2 emissions are added:

  • Provision of gas resp. LNG in kind by the terminal user
    Slots in combined loop (expected in the period 1 Apr to 25 May 2024 and 19 Oct to 31 Dec 2024) require an in kind provision of gas of 43 t/d or 0.9 % of the send-out volume (referring to an operation limited by the external heat supply with 240 mmscf/d send-out capacity). Slots in open loop (expected in the period 26 May to 18 Oct 2024) require an in kind provision of gas of 56 t/d or 0.7 % of the send-out volume (referring to then achievable 400 mmscf/d send-out capacity).

  • Tariff for bunkers
    Consisting of (i) the actually incurred, reasonable and documented (by invoices or receipts) Bunkers price determined according to the “first in first out principle” in respect of the FSRU’s Bunkers stock levels and using the Euro foreign exchange reference rate for USD for the day of the respective Bunkers invoice, or, if no price quotations are available for individual days, e.g. on weekends or public holidays, the daily price of the next day, as published by the European Central Bank on its website multiplied by (ii) the quantity of Bunkers consumed in the FSRU’s engines and auxiliaries during the User’s Unloading and Regasification Period. Pursuant to the Time Charter Party a portion of such quantity of Bunkers are for the account of FSRU Owner and is therefore deduced from such quantities.

  • Tariff for CO2 emissions
    Consisting of the sum of (i) the daily price quotations of each day during the User’s Unloading and Regasification Period on the EEX EUA Spot End of Day Index, or, if no price quotations are available for individual days, e.g. on weekends or public holidays, the daily price of the next day, multiplied by (ii) the calculated amount of CO2 emissions due to Internal Use during the User’s Unloading and Regasification Period and/or consumption of the quantity of Bunkers for which the User is liable. For the calculation of CO2 emissions, the emission factors of 0.0561 t CO2/GJ for methane and 3.168 t CO2/t low sulphur gasoil are applied.

Terminal Stade

Period: 15 Aril 2024 until 31 December 2024 Applied starting price for the first part of auctions of short-term capacities pursuant to Sec. 8 Par. 2 LNGV as well as Sec. 9 Par. 4 Cl. 5 Nr. 6 LNGV: 0.55 €/MMBtu
Maximum starting price for additional auctions of short-term capacities pursuant to Sec. 8 Par. 2 LNGV as well as Sec. 9 Par. 4 Cl. 5 Nr. 6 LNGV: 1.53 €/MMBtu (starting price to be applied is still tbd)
Price step for auctions of short-term capacities pursuant to Sec. 9 Par. 5 Cl. 3 LNGV: 20 % of the applied starting price

Slot specific tariff determined by auction (final auction price): Auction results

Penalty for non-delivery of LNG or delivery of less than 125,000 m3 LNG for a slot that was marketed as part of the auctions for short-term capacities pursuant to Sec. 8 Par. 2 LNGV with obligation to deliver: 30 % of the final auction price

Long-term capacities are not offered for the calendar year 2024.

Gas resp. LNG in kind has to be provided by the terminal user and tariffs for bunkers and CO₂ emissions are added:

  • Provision of gas resp. LNG in kind by the terminal user
    Slots in closed loop (expected in the period 15 Apr to 30 Apr 2024 and 1 Nov to 31 Dec 2024) require an in kind provision of gas of 227.1 t/d or 2.3 % of the send-out volume (referring to an operation in base regasification mode with 500 mmscf/d send-out capacity). Slots in open loop (expected in the period 1 May to 31 Oct 2024) require an in kind provision of gas of 45.9 t/d or 0.46 % of the send-out volume (referring to an operation in base regasification mode with 500 mmscf/d send-out capacity).

  • Tariff for bunkers
    Consisting of (i) the actually incurred, reasonable and documented (by invoices or receipts) Bunkers price determined according to the “first in first out principle” in respect of the FSRU’s Bunkers stock levels and using the Euro foreign exchange reference rate for USD for the day of the respective Bunkers invoice, or, if no price quotations are available for individual days, e.g. on weekends or public holidays, the daily price of the next day, as published by the European Central Bank on its website, multiplied by (ii) the quantity of Bunkers consumed in the FSRU’s engines and auxiliaries during the User’s Unloading and Regasification Period. Pursuant to the Time Charter Party a portion of such quantity of Bunkers are for the account of FSRU Owner and is therefore deduced from such quantities.

  • Tariff for CO2 emissions
    Consisting of the sum of (i) the daily price quotations of each day during the User’s Unloading and Regasification Period on the EEX EUA Spot End of Day Index, or, if no price quotations are available for individual days, e.g. on weekends or public holidays, the daily price of the next day, multiplied by (ii) the calculated amount of CO2 emissions due to Internal Use during the User’s Unloading and Regasification Period and/or consumption of the quantity of Bunkers for which the User is liable. For the calculation of CO2 emissions, the emission factors of 0.0561 t CO2/GJ for methane (if using gas or LNG) and 3.157 t CO2/t marine diesel oil (if using bunkers) are applied.