• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Members of the lower house of parliament Bundestag cast their vote for the new LNG (Liquefied Natural Gas) law in Germany, at the Reichstag building in Berlin, Germany July 7, 2023. Fabrizio Bensch
Members of the lower house of parliament Bundestag cast their vote for the new LNG (Liquefied Natural Gas) law in Germany, at the Reichstag building in Berlin, Germany July 7, 2023. Fabrizio Bensch
Home
Business
Energy

German town threatens legal action over fast-track LNG

July 7th, 2023 | 09:46 AM BUSINESS Energy 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Oil gains on Middle East supply concerns amid impasse in US-Iran war
Brazil's largest thermal power plant shut down after equipment failure
SLB, Formentera working to activate drilling rigs in Venezuela, executives say
Hungary's nuclear plant avoids shutdown as water level expected to stay high enough
By Riham Alkousaa

A German resort town on Friday said it will take legal action against the federal government's plans to build liquefied natural gas (LNG) terminals off the Baltic Sea coast after the parliament passed a reform to speed up the process.

Germany started accelerating the construction of LNG infrastructure last year after the sudden drop in piped Russian gas imports to Europe's biggest economy that followed the Ukraine war.

Both houses of parliament on Friday backed the accelerated construction of two LNG floating terminals in Mukran on the Baltic Sea island of Ruegen, defying resistance from local governments and environmental groups concerned about the impact on tourism and marine life.

An application process for a project of that scale usually takes about six years. The fast-track process could cut the time to weeks or months, Ruegen Gegen LNG, a local initiative opposing the project, said.

"Our lawyer has been instructed to now obtain interim orders to stop construction at the Federal Administrative Court in Leipzig against the LNG terminals and the pipeline," Karsten Schneider, mayor of the town Binz, said.

Till Backhaus, climate minister in the state of Mecklenburg-Western Pomerania, which includes Ruegen, said the state did not support the project in its current form, and wanted hydrogen infrastructure to be added to the planned LNG facility.

LNG OVERCAPACITY, ENDANGERED MARINE LIFE

With its beaches and white chalk cliffs, Ruegen is one of the top tourist attractions for Germans and only 35.6% of Germans supports building an LNG terminal there, with 49.6% against and 14.8% undecided, a survey by Civey showed in March.

Project developer Gascade applied for a 50-kilometre (31-mile) pipeline in several individual sections to mitigate the environmental impact, but the DUH environmental group said the terminal would be a catastrophe for marine life.

The two planned terminals in Ruegen will have an annual capacity of 10 billion cubic metres (bcm) to be operated privately by Deutsche Regas by the beginning of 2024.

Germany already has floating LNG terminals in operation at Wilhelmshaven, Brunsbuettel and Lubmin. Two of those sites will be expanded.

Capacity will also be increased through the replacement of some floating stations from 2026 with permanent terminals in Stade and Brunsbuettel and a privately operated one in Wilhelmshaven.

The initial cost of the infrastructure expansion, which will be paid by the government, was expected to be around 10 billion euros ($10.89 billion). The economy ministry in March said it expected the costs to be higher but did not specify how much.

Research has shown realising all Germany's planned terminals would create over-capacity in excess of domestic demand.

A study by DIW economic research institute published in February said building permanent onshore LNG terminals ran counter to an expected future fall in natural gas consumption, given Germany's aim to become climate neutral by 2045.

The government says the terminals would ease pressure on other European ports and help to supply neighbouring countries.

Economy Minister Robert Habeck on Friday said Germany needed to ensure security of supply and there would be more LNG plans.

"We're not done yet," Habeck she told the Bundestag, Germany's lower house.

($ 1 = 0.9183 euros)

  • Topic
  • Ukraine
  • ENERGY
  • CRISIS/GERMANY
  • LNG (UPDATE 1, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Oil gains on Middle East supply concerns amid impasse in US-Iran war

Related Posts

Energy
August 20th, 2026

Oil gains on Middle East supply concerns amid impasse in US-Iran war

Energy
August 19th, 2026

Brazil's largest thermal power plant shut down after equipment failure

Energy
August 19th, 2026

SLB, Formentera working to activate drilling rigs in Venezuela, executiv...

Energy
August 19th, 2026

Hungary's nuclear plant avoids shutdown as water level expected to stay ...

Energy
August 19th, 2026

LG Energy, once fixed on EV batteries, jumps to Plan B

Energy
August 19th, 2026

Chilean miner SQM's shares rise after earnings beat, higher lithium outl...

The Wire
Aug 20th 4 h ago
Technology

China puts robocops on traffic duty, minus the arrest power...

Aug 20th 5 h ago
Soccer

Japan's Miura, 59, becomes oldest scorer in Emperor's Cup h...

Aug 20th 5 h ago
Environment

A decade after earthquake, Italy's Amatrice struggles to re...

Aug 20th 5 h ago
ROI: Reuters Open Interest

The Iran war energy crisis is just getting started

Aug 20th 5 h ago
Media & Telecom

'Baby Shark' boy returns to stage as a K-pop singer

TRENDING ON FINANCETIME
Aug 20th, 2026 Litigation

SK Hynix to pay 60% of employee bonuses in company stock under preliminary deal, says source

Aug 20th, 2026 Asia Pacific

Outsider who could decide New Zealand's next government wants to tax wealth, not work

Aug 20th, 2026 Business

Aegon raises share buyback plan to 350 million euros

Aug 20th, 2026 Africa

South Africa's Exxaro half-year profit down 20%, cuts dividend

Aug 20th, 2026 Cricket

Australia look for response to 'Darwin Disaster' in second Bangladesh test

Markets-Sectors
BASIC MATERIALS +1.43%
UTILITIES +0.00%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT