Germany’s rapid deployment of floating storage and regasification units (FSRUs) to boost energy security is now facing new challenges as state-owned Deutsche Energy Terminal (DET) and private operator Deutsche ReGas compete for market share.
Key Developments:
✅ Germany expanded LNG capacity to replace Russian pipeline gas
✅ FSRUs deployed at record speed to ensure energy supply
✅ Deutsche ReGas warns of “unequal competition” against state-backed DET, citing lower state-subsidized pricing
✅ The Deutsche Ostsee terminal is key for supplying gas to Czechia and Slovakia
With overcapacity in European LNG terminals and well-filled underground storage, competition to attract cargoes is intensifying. The balance between public and private sector roles in floating LNG infrastructure is now in focus.