November 12, 2019 / 11:23 AM / 2 months ago

Uniper says it sees Wilhelmshaven LNG terminal by 2023

FRANKFURT (Reuters) - German utility Uniper (UN01.DE) believes the planned Wilhelmshaven floating terminal for liquefied natural gas (LNG) can come on stream in the year 2023, its chief financial officer said in a call on Tuesday.

Sascha Bibert, in a call with reporters on nine-month financial results, said that there is good demand for the gas and interest from suppliers of sea-borne gas into Germany.

Uniper, which trades LNG and has LNG offtake commitments from U.S. producers, will be a facilitator of the 10 billion cubic meters regasification project, while various possible partners are interested in booking capacity or buying shares in a future terminal operator.

Reporting by Vera Eckert; Editing by Christoph Steitz

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