The First Floating LNG Terminal in France Goes Operational

283
Credits: Alvarez/Unsplash

The French city of Le Havre has seen the launch of the first-ever floating terminal for receiving LNG, titled FSRU Cape Ann. The declaration came from TotalEnergies, the firm in charge of the facility, reports Marine Insight.

About the terminal

The terminal has injected its megawatt-hours of gas within the network by using liquefied natural gas from Norway, the press release of the firm stated.

TotalEnergies has reportedly secured a deal for utilizing half of the terminal’s yearly capacity in Le Havre.

The rest of the capacity for sale will be made available in compliance with the regulatory guidelines.

This terminal earmarks the fifth facility dedicated to tackling LNG in France. However, it distinguishes itself by being a floating terminal. On the other hand, the remaining four are terrestrial installations in Montoir-de-Bretagne and Fos-sur-Mer, along the coasts of the Atlantic and the Mediterranean, respectively, and Dunkirk, close to the North Sea. The cumulative capacity of the four terminals is nearly 26.8 million tons a year.

On 24 October, it was declared that Qatar would supply gas to Italy, Germany, the Netherlands, and France, filling the gap left by the cessation of Russia’s energy supplies.

Long-term gas supply deal

The Italian major Eni signed a long-term gas supply deal with Qatar on 23 October. Preliminary deals were reached with the Netherlands, France, and Germany, each of the countries is expected to receive about 3.5 million tons of liquefied natural gas (LNG) from the Middle Eastern nation by 2050.

This development ensures that the ongoing energy crisis in Europe, which happened owing to the evolving conflict in Ukraine and the unforeseen reduction in Russia’s gas deliveries last year, is no longer a threat. European nations are collectively going to receive LNG of about 27 million tons in the 2030s, equivalent to the gas of three billion cubic meters or a quarter of the earlier Russian gas volumes. Besides Qatar, the EU is receiving gas from the US.

Did you subscribe to our daily Newsletter?

It’s Free! Click here to Subscribe

Source: Marine Insight