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    Uniper to Start Binding Bids Process for LNG Terminal


There are other projects competing for shippers' interest too in Germany.

by: William Powell

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Natural Gas & LNG News, Europe, Premium, Corporate

Uniper to Start Binding Bids Process for LNG Terminal

German utility Uniper delayed its open season for binding bids for capacity at LNG Terminal Wilhelmshaven by nine days. It is now to start September 22, having originally been planned for September 14. The process closes October 30.

Uniper said: "In order to participate in this process, interested parties have to register by providing a written statement duly signed by their board of management, demonstrating that the party is already active on the market for liquefied natural gas (LNG) or intends to do so in the foreseeable future." Participating companies will sign non-disclosure agreements and access further project details October 9, with the aim of signing and returning a formal binding booking request no later than October 30.

It is one of a number of terminals that could be operational in Germany in a few years time: Hanseatic LNG is planning an open season later this year as well, while German utility RWE is expected to book most of the capacity at the terminal planned for Brunsbuttel, operated by Netherlands' Gasunie with Vopak and Oiltanking.