Expression of Interest procedure for LNG terminal project in Wilhelmshaven starts on Tuesday
Market participants are invited to express their binding interest in capacities in the planned LNG terminal
LNG Terminal Wilhelmshaven GmbH (LTeW) invites interested market participants to express their interest in throughput capacities in the LNG terminal project starting tomorrow Tuesday, September 22, 2020 and closing on Friday, October 30, 2020.
In order to participate in this process, interested parties have to register by providing a written statement duly signed by their board of management, demonstrating that the party is already active on the market for liquefied natural gas (LNG) or intends to do so in the foreseeable future. Further company information may be requested by LTeW to conclude a so called “Know-your-Customer”-process (KYC). Then, after having entered into a non-disclosure agreement by Friday, October 9, 2020, at the latest, LTeW will provide access to further project details.
After a party has been registered, such party is invited to express its interest by signing a formal and binding booking request based on a form which will be made available to registered parties by LTeW. The duly signed form must be received by LTeW latest by Friday, October 30, 2020.
The final investment decision on the construction of the terminal will be taken based on sufficient demand from market participants and economic viability - provided that all necessary public approval and permitting processes are concluded successfully.
More information on the project is available at:
This press release may contain forward-looking statements based on current assumptions and forecasts made by LTeW Management and other information currently available to LTeW. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. LTeW does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to modify them to conform with future events or developments.