The LNG terminal project in Rostock will be resumed

At the end of April, the Brandenburg-based company BarMalGas took over the LNG project.

Rostock Energy GmbH will build a terminal for liquefied natural gas (LNG) BioLNG and synthetic LNG (eLNG) in the overseas port in the Rostock.

Permission under Section 4 of the Federal Immission Control Act (BImSchG) for the construction and operation of the facility has been granted.

According to BarMalGas Managing Director Malwina Olszowiak, the new LNG terminal is expected to handle around 800,000 tons of LNG, BioLNG and SLNG annually. 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. 4 tanker loading stations will provide the supply of BioLNG fueling stations, which can supply BioLNG 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. Construction is scheduled to begin in 2023 and the terminal is expected to be operational in Q1 2026.

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 continues to grow

With a network of 26 service stations and around 2000 customers, BarMalGas is now one of the leading distributors of LNG and LPG in Germany. By 2025, BarMalGas plans to switch completely to Bio LNG (LBG) and eLNG (SLNG) and further expand its network of filling stations. 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 (bio- and efuels). Unlike most of its competitors, the company is fully privately owned.