German FSRU terminal operator allocates Wilhelmshaven regas slots

State-owned LNG terminal operator Deutsche Energy Terminal has allocated all of the offered regasification slots at its FSRU-based facilities in Germany's Wilhelmshaven in the latest marketing round.

DET stated in a press release on Wednesday that it has successfully marketed its regasification capacities at the Wilhelmshaven 1 terminal for 2026 and at the Wilhelmshaven 2 terminal for both 2025 and 2026 via the digital marketing platform Prisma.

During the marketing period from June 23 to July 1, 2025, a total of 23 market participants secured time slots for the use of short-term capacities.

DET said that both slots with and without delivery obligations for traders were marketed, while all 77 slots offered were taken up by the market.

The average price achieved for Wilhelmshaven 1 for 2026 was €0.25/mmBTU with delivery obligation (OTD) and €0.40/mmBTU without delivery obligation (NOTD).

Moreover, the average price for Wilhelmshaven 2 for 2025 was €0.29/mmBTU (OTD) and €0.36/mmBTU (NOTD), and for 2026, €0.22/mmBTU (OTD/NOTD).

“We are very pleased with the results of our current marketing round. The complete allocation of all offered slots and the continued high level of interest, reflected in a record number of registered traders, highlight the strong relevance of our terminals for a stable and reliable energy supply in Germany and Europe,” said Peter Röttgen, managing director of DET.

FSRUs

DET recently told LNG Prime that it plans to launch commercial operations at its second FSRU-based terminal in Wilhelmshaven in August.

In May, the 2024-built 174,000-cbm Energy Endurance delivered the commissioning cargo to Excelerate’s 138,000-cbm FSRU Excelsior in Wilhelmshaven from Venture Global LNG’s Plaquemines LNG export plant in Louisiana.

The chartered FSRU is located two kilometers south of the already operational Wilhelmshaven 1 terminal, which features the FSRU Hoegh Esperanza. It is moored at an island jetty, completed last year, and located about 1.5 km from the shore.

Excelsior delivered the first gas supplies to the grid on May 23.

Besides the Wilhelmshaven FSRU-based terminals, DET operates the Brunsbüttel facility.

DET is also working on the Stade FSRU-based terminal.

However, in March, the company terminated the contract related to the Stade FSRU-based facility with compatriot Hanseatic Energy Hub, the developer of the onshore LNG terminal in Stade.

The 2021-built 174,000-cbm FSRU, Energos Force, was heading to Egypt’s Damietta on Thursday, according to its AIS data provided by VesselsValue.

Asked about the Stade FSRU, a DET spokesman recently said that the “Stade terminal project has been delayed and is currently being clarified.”

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