Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has signed a long-term agreement with Norway’s oil and gas giant Equinor for regasification at its terminal in Mukran.
The German firm will regasify LNG deliveries from Equinor and another player, chemical company BASF, on an industrial scale at its energy terminal in the Baltic Sea, known as Deutsche Ostsee in Germany. These volumes will then be introduced into the country’s transmission network.
Ingo Wagner , CEO of Deutsche ReGas, said: “We are proud to support the energy security of one of the leading chemical companies and to work with the leading supplier of natural gas for Germany and Europe.”
The energy terminal forming part of the Mukran industrial port recorded an all-time high quarterly supply performance in Q2 2025 and was the highest-performing LNG terminal in Germany, as reported by its operator.
In operation since last September, the terminal formerly featured two regasification vessels, FSRU Neptune and FSRU Energos Power . However, the latter’s contract was recently terminated over issues related to pricing by Deutsche Energy Terminal (DET), a company that operates the state-owned floating LNG terminals.
In mid-June, it was disclosed that Deutsche ReGas and Germany’s Federal Ministry for Economic Affairs and Energy reached a mutual agreement on the resolution of the sub-charter agreement for FSRU Energos Power.