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German natural gas firm Deutsche ReGas signs LNG regasification agreements with BASF and Equinor

Deutsche ReGas, a significant European energy infrastructure provider, has sealed substantial long-term LNG regasification agreements with BASF, a global chemical conglomerate, and Equinor, an international energy company, on a large industrial scale.

German company Deutsche ReGas enters LNG regasification agreements with BASF and Equinor
German company Deutsche ReGas enters LNG regasification agreements with BASF and Equinor

German natural gas firm Deutsche ReGas signs LNG regasification agreements with BASF and Equinor

Deutsche ReGas, a leading European energy infrastructure provider, has recently started commercial operations at its second LNG terminal in Wilhelmshaven. This comes as the company has also secured long-term LNG regasification commitments with global chemical company BASF and international energy company Equinor.

The details of the contracts, however, have been kept confidential, with the parties choosing not to disclose the terms of the agreement. The names of the other parties that have signed similar commitments with Deutsche ReGas remain undisclosed as well.

Meanwhile, Ana Maria Jaller-Makarewicz, lead energy analyst for Europe at the Institute for Energy Economics and Financial Analysis (IEEFA), has expressed concerns about overinvestment in new LNG terminals as the energy transition accelerates. Her comments, made in relation to the energy transition and its impact on LNG terminals and gas consumption, do not mention specific LNG deals or parties involved.

The energy transition has indeed played a significant role in the decrease of gas consumption, with renewable energy additions contributing to a drop in gas consumption that reached an 11-year low in 2024, according to IEEFA. In the second quarter of 2025, the Energie-Terminal achieved an all-time high in quarterly supply performance with a gas injection of more than 10TWh.

As the energy landscape continues to evolve, Deutsche ReGas is not only focusing on LNG but also planning to build hydrogen electrolysers and develop solutions for hydrogen derivatives. The company's commitment to a sustainable future is further demonstrated by the fixed capacities of 4 GWh/h available for export to the Czech Republic.

Ana Maria Jaller-Makarewicz is scheduled to comment on decarbonisation and powering industries for a sustainable future on gas world TV, in a webinar. To access the webinar, click this link.

In conclusion, Deutsche ReGas's second LNG terminal is now operational, and the company has secured long-term LNG deals with major players in the industry. Despite concerns about overinvestment in new LNG terminals, Deutsche ReGas continues to innovate and explore new opportunities in hydrogen technology, demonstrating its commitment to a sustainable energy future.

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