TES targets German LNG launch within 12 months
LNG developer Tree Energy Solutions (TES) has signed a contract with ECOnnect Energy to secure infrastructure to connect its planned floating storage regasification unit (FSRU) with an onshore terminal in the German port of Wilhelmshaven, the company said on November 15, estimating that the project will be ready to receive gas within 12 months.
TES' terminal is one of five LNG import projects that Germany is looking to develop over the coming years to replace Russian gas. ECOnnect's IQay solution "will substitute a conventional jetty, fast-tracking deployment while minimising construction costs and environmental impacts," TES said.
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“The IQuay solution allows for incredibly fast installation and natural gas import into Wilhelmshaven, while also enabling a future hydrogen hub,” said Morten Christophersen, CEO at ECOnnect. "We are proud that our flexible import solution is consistent with TES’s vision to address Germany’s immediate energy demand and also its long-term carbon-neutral energy import strategy.”
The terminal is expected to be up and running in autumn 2023, TES said.