📋 Tender Overview
Scope :
The Hanseatic Energy Hub being developed in Stade, Germany, is expected to be operational from 2027.
The Hanseatic Energy Hub is an independent, future-flexible liquified natural gas (LNG) terminal being developed in Stade, Lower Saxony, Germany.
The terminal is being developed jointly by port company Buss Group, gas transmission and storage company Fluxys, investment business Partners Group and chemical products manufacturer and supplier Dow.
The Lower Saxony State Office for Water Management, Coastal Defense, and Nature Conservation approved the construction of the LNG terminal in September 2022. Permission for preparing the ground for the construction was received in January 2023.
The final investment decision on the project is expected to be made in 2023. The terminal is planned to be developed with an estimated investment of approximately €1bn and is expected to commence operations in 2027.
It will secure 15% of Germany’s existing LNG demand and support the green energy transition in the country, along with enabling the ramp-up of hydrogen production in the future.
Location
The Hanseatic Energy Hub is being developed at the existing industrial park in Stade that is located near the Elbe river with access to the North Sea and the Port of Hamburg.
The site is also close to the German pipeline transmission network and is easily accessible via rail, road and sea transport.
Hanseatic Energy Hub details
The Hanseatic Energy Hub project includes the development of a land-based LNG terminal, port, industrial park, floating storage and regasification unit (FSRU) and connecting infrastructure. It will also have a storage facility, a truck-loading facility, and a jetty for bunkering vessels.
The first stage of the project will include the development of the terminal with a regasification capacity of up to 13.3 billion cubic metres of natural gas (bcm) and a send-out capacity of 21.7GWh/h. The terminal development proposes to use Dow’s industrial waste heat in the regasification process, thereby reducing additional carbon emissions.
The terminal is being designed to handle LNG, bio-LNG, and other low-carbon energy sources such as synthetic natural gas, artificially produced LNG and synthetic methane. It is also proposed to be available to import hydrogen-based energy sources such as ammonia in the future.
FSRU details
The Transgas Force FSRU owned by shipping company Dynagas is planned to be utilised until the land-based terminal is developed. It is one of five FSRUs chartered by the federal government to help secure a natural gas supply to Germany.
The FSRU will have a regasification capacity of 5bcm a year and will utilise the existing infrastructure. It will be connected to the German gas network through a short connection line and is expected to be ready between 2023 and 2024.
The Transgas Force FSRU will be replaced by the land-based terminal that will be commissioned in 2027. The construction wo
