VINCI signs the contract to design and build Germany's first liquefied natural gas (LNG) terminal
Nanterre, 6 October 2022
VINCI signs the contract to design and build
Germany's first liquefied natural gas (LNG) terminal
- An EPC* contract to build a regasification terminal comprising 2 storage tanks
- A strategic project for Germany's energy independence
Through its subsidiary Cobra IS and in a consortium with Sener, VINCI has signed the EPC* contract to build Germany's first regasification terminal. It will have a production capacity of 10 billion m3 of natural gas per year and will have two 165,000 m3 storage tanks. The terminal will also be equipped with auxiliary operating systems, infrastructure and buildings.
This terminal will provide strategic infrastructure for the customer German LNG Terminal, and will be located at Brunsbüttel at the mouth of the Elbe on the North Sea. It will enable Germany to import liquefied natural gas by sea, to be unloaded there for storage and regasification before being injected into the German grid or transported by lorries or wagons.
The installation is to be delivered in 2026, with the works lasting 42 months.
Cobra IS and Sener have recognised expertise in projects of this kind, having completed the liquefied natural gas terminals at Sagunto and Bahía de Bizkaia in Spain, Gate in the Netherlands, Dunkirk in France, and Zeebrugge in Belgium.
* Engineering, Procurement and Construction
About VINCI
VINCI is a global player in concessions, energy and construction businesses, employing more than 260,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.
This press release is an official information document of the VINCI Group.
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