Lubmin Gas Terminal – Exemption from Tariff Rules – Economy

The terminal for liquefied natural gas (LNG) currently being built in Lubmin in western Pomerania has cleared another hurdle on the way to being put into operation. The company Deutsche Regas announced on Saturday that the Federal Network Agency had released it from tariff and network access regulations. Without exemption, operators would not be able to freely set tariffs and access rules for their terminals. An exemption is possible if, for example, competition in the gas supply and security of supply are improved, it said. In addition, the economic operation of the terminal is secured. Deutsche Regas intends to put a floating LNG terminal into operation in Lubmin at the beginning of December. The head of the supervisory board, Stephan Knabe, recently said that the company was technically ready for December 1st. However, approval from the responsible state office is still pending. In a first expansion stage, up to 5.2 billion cubic meters of natural gas are to be fed into Lubmin.

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