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Press release

Floating LNG terminal docks in Stade, strengthening security of supply and price stability in Germany and Europe

Stade/Düsseldorf, 14 March 2024 - The floating LNG terminal "Energos Force" is expected to arrive at the AVG jetty in the industrial port of Stade-Bützfleth at around 7.30am on 15 March. The almost 300-metre-long ship, operated by Deutsche Energy Terminal GmbH, will undergo several weeks of test operations before being able to feed up to 5 billion cubic metres of gas per year into the German gas network, thereby making a significant contribution to security of supply and gas price stability in Germany and Europe.

The third of DET's four floating LNG terminals is being completed to secure energy supplies in Germany and Europe. After arrival on 15 March, the "Energos Force" Floating Storage and Regasification Unit (FSRU) in the industrial port of Stade-Bützfleth will enable feeding up to five billion cubic metres of imported natural gas per year into the German gas grid.

Dr Peter Röttgen, Managing Director of operator Deutsche Energy Terminal GmbH (DET), said: "This third of DET's four FSRUs with access to the North Sea was also quickly realised thanks to the intensive cooperation of all technology partners and authorities involved. Once the test run is complete, Energos Force will be able to supply the equivalent of up to five million households with gas for a year. This third DET liquefied natural gas import terminal is also an important step for many companies that, despite technical efforts, are still dependent on large quantities of natural gas for the time being. After all, industrial and commercial companies need planning security. LNG provides the needed economic stability today and is a basis for the transition to climate-neutral production. This will also affect many thousands of jobs today and in the future.”

The Energos Force is 294 metres long, 47 metres wide and was built in 2021. The vessel has a deadweight tonnage (dwt) of 94,361 tonnes. During winter, it can regasify a maximum of 500 million standard cubic feet of gas per day (MMSCFD) in a closed cycle with steam boilers. During summer, regasification capacity can be raised up to 750 MMSCFD in an open cycle utilising seawater. Energos Force's expected annual send-out capacity of up to five billion cubic metres of gas represents the so-called DTRS value (Declared Total Reference Send-Out). This refers to the maximum technically possible system send-out under ideal conditions, meaning that neither extreme weather conditions nor technical restrictions will reduce the amount of gas fed into the German gas grid. Nevertheless, lower send-outs due to the actual size of the delivered cargoes have to be taken into account.
DET is the operator of the floating LNG terminal and manages the Energos Force in cooperation with various service providers. The Energos Force is owned by Energos Infrastructure, an affiliate of Apollo Global Management, who will be responsible for the regasification at the FSRU. Coordination of LNG carrier berthing, gas flows and reporting will be managed by KN Energies on behalf of DET. Harbour structures on the water side were build by port operator Niedersachsen Ports. DET had commissioned Hanseatic Energy Hub GmbH (HEH) to build the superstructure. HEH will continue to work on behalf of DET at the FSRU, taking over services for technical operation and maintenance in cooperation with DOW. DET-6


Dirk P. Lindgens

Deutsche Energy Terminal GmbH

Head of Communications