German LNG terminal more expensive than expected – media

The cost of a planned permanent onshore import terminal for liquefied natural gas (LNG) in northern Germany is likely to be more than expected and require additional state support, reports public broadcaster NDR. The government has earmarked an additional 200 million euros from the state budget in the coming years for the terminal in Brunsbüttel – on top of the 740 million euros originally planned, a document seen by NDR said. The total investment cost of the project has risen to  1.5 billion euros, with the remainder of the bill to be footed by the companies involved, said the broadcaster. The operating company German LNG initially expected investment costs of around 1.3 billion euros.