German LNG terminal operator says no regas slots booked in latest auction

German LNG terminal operator Deutsche Energy Terminal said on Thursday that none of the offered regasification slots were booked in its latest capacity auction.

Earlier this month, DET said that it will hold auctions on November 25 and 26 for the remaining short-term regasification capacities at its Brunsbüttel, Wilhelmshaven 01, and Wilhelmshaven 02 terminals.

According to a DET statement on Thursday, capacities were offered for the first time at a minimum price of 0.56 €/MMBtu ($0.65/MMBtu) for the LNG terminals Wilhelmshaven 01 and Wilhelmshaven 02.

DET said this involved remaining terminal capacities for December 2025, quarters 1, 2, and 4 of 2026, and the first quarter of 2027, for a total of 28 regasification slots.

“None of the slots offered were allocated in this auction,” DET said.

“DET will offer the remaining reserve capacities to the market again on December 9 and 10, 2025 under the same conditions,” it said.

Before this auction, DET allocated all of the offered January-May 2026 regasification slots at its FSRU-based facility in Brunsbüttel.

The firm said that a total of 58 million MMBtu – equivalent to 16 slots, each with a standard size of 3.6 million MMBtu – were successfully allocated.

Moreover, the auction, conducted via the digital PRISMA platform, achieved an average price of €0.66/MMBtu ($0.77/MMBtu).

Maintenance

DET also announced in a separate statement that its second FSRU-based LNG terminal in Wilhelmshaven will be offline “for a few days” starting November 27 for maintenance work.

According to DET, Excelerate’s 138,000-cbm FSRU Excelsior will not have to leave its berth at the island pier during the maintenance.

“DET will provide an update on the restart of regasification shortly,” the company said.

DET launched 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 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 Wilhelmshaven 1 terminal.

It is moored at an island jetty, completed last year, and located about 1.5 km from the shore.

The 170,000-cbm FSRU Hoegh Gannet, which serves the Elbehafen LNG import terminal in Germany’s Brunsbüttel, also recently returned from the Danish Fayard shipyard.

During its planned two-month stay at the Fayard shipyard, the FSRU was fitted with catalytic converters to further reduce air pollutant emissions and comply with the requirements of the 44th Federal Immission Control Ordinance, according to DET.

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