Spain's Tecnicas Reunidas, FCC to build large LNG terminal in Germany
Spanish companies Tecnicas Reunidas and FCC, as well as Turkey's ENKA, have won a contract to build a liquefied natural gas regasification terminal in Germany worth about $1.09 B, Tecnicas Reunidas said.
The terminal will be in the river port of Stade in the region of Hamburg and will have a capacity of 13.3 bcm of gas a year, Tecnicas Reunidas said in its statement on Tuesday.
The terminal, which would be ready in 2027, will include infrastructure to handle other green gasses such as hydrogen, the statement said.
Germany has scrambled to diversify its gas sources since the invasion of Ukraine and the disruptions to the supply of natural gas from Russia. Liquefied natural gas shipped on big tankers from providers such as the United States and Qatar is the main alternative, though it requires new infrastructure.
Tecnicas Reunidas said the share of the project it would handle would be worth €500 MM, and FCC and Enka would handle the rest.
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