BERLIN (Reuters) – Germany has signed contracts to secure three floating liquefied natural (LNG) gas terminals via utilities and weighs whether to get a fourth to reduce dependence on Russia for gas supplies faster, a government source said.
Germany’s Economy and Climate Protection Ministry last month said it had secured three so-called Floating Storage and Regasification Units (FSRU) via RWE and Uniper, adding negotiations were in the final stages.
“Planning and preparations for negotiations for a fourth FSRU are also underway,” the source said.
FSRUs are part of Germany’s strategy to diversify away from Russia, which accounts for most of its gas. The ministry has said that the terminals could start operation as soon as winter 2022/2023.
(Reporting by Markus Wacket, Christoph Steitz and Riham Alkousaa; Editing by Sabine Wollrab and Chizu Nomiyama)
