Title: Controversial LNG Terminal and Minister Backhaus's Press Conference
Get ready for Minister Till Backhaus's annual press conference on December 1st in Schwerin at 11 a.m! While agriculture and climate protection legislation have sparked excitement, the LNG terminal approval process on Rügen's fate is also on the agenda.
The LNG terminal's sketchy approval process has been a hot topic, drawing criticism for potential environmental harm and negative impacts on tourism. Meanwhile, the pipeline link between the terminal at Lubmin and the European network has already received full approval.
During the press conference, expect Backhaus to delve into the LNG terminal approval progress and the German government's stance on climate legislation.
Insights:
Critics voice concerns about the LNG terminal's operational challenges, environmental impact, and financial feasibility. Major concerns include:
- Market distortion: Deutsche ReGas, a private operator, terminated its charter contract with the BMWK, citing market distortion due to lower-than-approved prices from Deutsche Energy Terminal.
- Economics: High operations costs in German LNG terminals compare unfavorably to other northwest European facilities. Limited gas imports from terminals and potential ecosystem damage also pose economic threats.
- Environment: The construction of pipelines through sensitive ecosystems, like the Bodden, is a significant water rift in LNG infrastructure expansion.
The big picture:
Despite controversy, the government views terminals as energy security safeguards, prioritizing security over questionable economic viability.
In conclusion, the LNG terminal controversy hinges on questions surrounding market distortion, environmental impact, and financial feasibility. Await Backhaus's press conference for further insights into the German government's stance on this topic.
