With the Binding Open Season, the Hanseatic Energy Hub reaches another key milestone after the submission of the approval documents for the terminal and port and enters a new project phase. Now that the main technical and commercial course has been set, the focus in future will be more on the operational development of the terminal including construction and preparations for operation. For this purpose, Fluxys will strengthen the HEH team with additional operational know-how.

“In recent weeks, numerous new LNG supply deals have been signed in the market. With the Binding Open Season, we are offering binding regasification options so that LNG volumes can actually reach the German market,” says Johann Killinger, Managing Director and one of the shareholders of the Hanseatic Energy Hub. “In Stade, we are ready to strengthen the German energy supply with a future-flexible terminal from 2026 onwards.”

The Hanseatic Energy Hub is initially designed for LNG and low-carbon energy sources such as bio-LNG and synthetic methane. As global supply grows, it will later be available to import hydrogen-based energy sources, such as ammonia. The location in the Stade industrial park is particularly characterised by the high synergies with Dow, the existing infrastructure and the strategically good position at a short distance from the German pipeline network. With the expansion of the existing industrial port, two jetties will enable the landing of tankers up to Q-Max size as well as bunker services in the future.