European Gas Hub
No Result
View All Result
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
SUBSCRIBE
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login
European Gas Hub
No Result
View All Result
Home Supply and Demand

The rise of FSRUs in the European gas market

Editor by Editor
6 months ago
Reading Time: 2 mins read
European-gas-market
Share on FacebookShare on TwitterShare on Linkedin

Now, when the summer of 2022 finally came to end, it has become clear that there is no return to the previous configuration of the European gas market. Even assuming that Russia-EU relations can be restored at some point in the future, with Nord Stream going back into service (sounds like a nearly impossible thing at the moment, does it?), the events of the past six months have taught the continent some life lessons.

RELATED POSTS

Biomethane production up by 15 percent

Biomethane production up by 15 percent

24 hours ago
European gas prices

TTF prices fall back to the oil-indexed price range

1 week ago
Europe’s exposure to the global gas market set to rise drastically

Europe’s exposure to the global gas market set to rise drastically

2 weeks ago

Will Europe learn them all is a separate matter. But it seems that floating LNG terminals, which are being put into operation across NWE, should not only be a temporary solution for shippers seeking a substitute for Russian volumes. Given seaborne cargoes’ growing role in the region’s market, FSRU additions must be an integral part of the European infrastructure for receiving natural gas.

Just a few years ago, it was impossible to imagine that cargoes going through FSRUs could significantly contribute to Europe’s energy security. However, in today’s reality, send-out from the new EemsEnergyTerminal at the Dutch port of Eemshaven is approximately half of what Russia exports to NWE via all the pipelines. Of course, the reason for that is an unprecedented drop in Russian gas flows, but the fact remains.

This coming winter, three more FSRUs are planned to start operations in Germany. Lubmin, Wilhelmshaven и Brunsbuttel floating terminals will have a design capacity of 20 bcm/year, an equivalent of more than 50 mcm/day of send-out. It should take some time for the units to ramp up to full capacity. At the same time, three German FSRUs together with EemsEnergyTerminal, even on reasonably conservative estimates, may outperform Russia in terms of gas volumes sent into the NWE transmission grid already in early 2023.

The installation of new floating terminals across Europe accelerates the process of LNG rising to the next step of the gas market hierarchy. Once a supplement to pipeline gas flows, seaborne cargoes are now rapidly developing into an essential tool for maintaining supply/demand balance within the region.

Source: Yakov Grabar (LinkedIn) 

Tags: EemsEnergyTerminalEuropean gas pricesFSRULNG terminalsRussian gas suppliesTTF pricesYakov Grabar
Editor

Editor

Related Posts

Biomethane production up by 15 percent
Infrastructure

Biomethane production up by 15 percent

24 hours ago
European gas prices
Gas Prices

TTF prices fall back to the oil-indexed price range

1 week ago
Europe’s exposure to the global gas market set to rise drastically
Gas Prices

Europe’s exposure to the global gas market set to rise drastically

2 weeks ago
European-gas
Gas Prices

European gas demand down by 55bcm

1 month ago
Global gas market tensions ease for now….
LNG

Global gas market tensions ease for now….

1 month ago
Coal to gas switching the optimal option for dealing with oversupply
Gas Prices

Coal to gas switching the optimal option for dealing with oversupply

1 month ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

Natural gas price benchmarks – February

Natural gas price benchmarks – February

4 weeks ago
Europe’s exposure to the global gas market set to rise drastically

Europe’s exposure to the global gas market set to rise drastically

2 weeks ago
Biomethane production up by 15 percent

Biomethane production up by 15 percent

24 hours ago
Load More

Recent Post

Biomethane production up by 15 percent

Biomethane production up by 15 percent

24 hours ago
European gas prices

TTF prices fall back to the oil-indexed price range

1 week ago
Europe’s exposure to the global gas market set to rise drastically

Europe’s exposure to the global gas market set to rise drastically

2 weeks ago
Load More

European Gas Hub is an online platform for sharing analysis and information about European natural gas markets more info

Categories

  • European Gas Prices
  • Energy Policy
  • European Gas Infastructure
  • European Gas Storage
  • Coal Market
  • Supply & Demand
  • Gas Supply & Demand
  • LNG
  • Other
  • Unconventional Resources

Recent Posts

Biomethane production up by 15 percent

TTF prices fall back to the oil-indexed price range

Europe’s exposure to the global gas market set to rise drastically

Energise your Tuesday!

Sign up to receive our weekly newsletter with new European gas market reports, presentations & analysis. Every Tuesday.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 EuropeanGasHub | All Rights Reserved

No Result
View All Result
  • Premium Content
    • All
    • Coal Market
    • European Energy Policy
    • European Gas Pipeline Infastructure
    • European Gas Prices
    • European Gas Storage
    • European Gas Supply & Demand
    • LNG
    • Russia
    • Unconventional Resources
    • Hydrogen
    • European power generation
    • Other
  • Blog
  • Events
  • Industry Links
    • Industry Association
    • Research Institute / Think Tank
    • Regulatory Body
    • Government Body
    • Consultant
    • Gas Prices
  • Newsletter
  • Videos
  • Other Hubs
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • THE COAL HUB
  • Subscribe
  • My account
  • Login

© 2020 EuropeanGasHub | All Rights Reserved

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

Energise your Tuesday!

SIGN UP to receive our weekly newsletter with new European gas market reports, presentations & analysis. EVERY TUESDAY!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?