BarMalGas to start building Rostock LNG terminal in 2023

Apr 01, 2023

Germany's BarMalGas is planning to start construction on an LNG and bio-LNG terminal in the German port of Rostock this year.

Brandenburg-based and privately-owned BarMalGas revealed this in an emailed statement on Tuesday saying that the terminal is expected to be operational in the first quarter of 2026.

The firm said it took over the previously planned Rostock LNG project at the end of April.

In 2021, Belgium's Fluxys and Russia's Novatek decided not to proceed with plans to build a mid-scale LNG transshipment terminal in the port of Rostock.

BarMalGas said in the statement that Rostock Energy GmbH will build a terminal for LNG, bio-LNG, and synthetic LNG (eLNG) in Rostock.

According to the firm, permission under Section 4 of the Federal Immission Control Act (BImSchG) for the construction and operation of the facility has already been granted.

BarMalGas managing director Malwina Olszowiak said in the statement that the new LNG terminal is expected to handle around 800,000 tons of LNG, bio-LNG, and SLNG annually.

She said that up to 1.5 billion cubic meters of "fossil and new gases" can be injected into the German gas transmission network annually.

In addition, up to 70,000 tons of biomethane per year can be liquefied.

Olszowiak said that four tanker loading stations can provide the supply of bio-LNG to up to 3000 LNG-powered trucks annually, reducing environmental footprint by up to 600,000 tons of CO2.

The infrastructure will also be ready to load bunker vessels with LNG.

BarMalGas intends to realize the project together with interested investors and strategic partners.

The company is supported in this by corporate finance advisor Livingstone Partners.

BarMalGas claims it is one of the leading distributors of LNG and LPG in Germany with a network of 26 service stations and around 2000 customers.

By 2025, BarMalGas plans to switch completely to bio-LNG amd SLNG, and further expand its network of filling stations, it said.

Hydrogen refueling stations are also expected to join BarMalGas’ network from 2026.

Thus, the company's ambition is to operate the refueling stations network with exclusively renewable fuels, BarMalGas added.