German LNG Terminal GmbH has selected the Spanish-German partnership COBRA Instalaciones y Servicios S.A., SENER INGENIERIA Y SISTEMAS, S.A. and TGE Gas Engineering GmbH as an exclusive candidate for the final phase of the tender procedure for the EPC (Engineering, Procurement and Construction) contract.

This final phase will consist of a comprehensive value-improvement exercise and a detailed price actualization to make the project more cost efficient and aims at concluding a binding EPC contract by the end of 2020. It is expected that the detailed design and engineering work, necessary to develop purchase orders of long-lead products, can then be started soon after the finalization of the contract.

German LNG started the international prequalification process for the selection of an EPC contractor in June 2019. The selection of a potential partner for the final development of the EPC contract is a further milestone for the project. At the same time, German LNG Terminal is in the process of completing the permit application for the planning of the port infrastructure, including the waterside facilities.

The selected partnership members have extensive long-term experience in electricity, oil and gas projects worldwide. Between them they share a design and construction history of involvement in a number of LNG terminal projects, such as Sines (Portugal) / Sagunto and Bahía Bizcaya (Spain) / Gate (The Netherlands) / Dunkerque (France) / and Zeebrugge (Belgium).

About German LNG Terminal

German LNG Terminal GmbH is a joint venture of the Dutch companies Gasunie LNG Holding B.V., Vopak LNG Holding B.V. and Oiltanking GmbH, a subsidiary of Marquard & Bahls AG, Hamburg. The purpose of the joint venture is the construction and operation of a multifunctional import and distribution terminal for liquefied natural gas (LNG) in Brunsbüttel. The project is already attracting sustained interest. German LNG Terminal has already concluded a number of Head of agreements.

The terminal will provide a range of services: loading and unloading of LNG carriers, temporary storage of LNG, regasification, injection into the German natural gas grid and distribution by tanker trucks and LNG railcar.

About Oiltanking

Oiltanking GmbH is a subsidiary of Marquard & Bahls, a Hamburg-based company that operates in the fields of energy supply, trading and logistics. Oiltanking is one of the largest independent tank storage providers for petroleum products, chemicals and gases worldwide. The company owns and operates 76 terminals in 25 countries within Europe, North America, Latin America, the Middle East, Africa, India, and the Asia-Pacific region. Oiltanking has an overall storage capacity of 20 million cbm.