The German government has joined as an investor via the state development bank KfW and holds a 50 percent stake. The other half is shared by the energy group RWE and the Dutch state-owned company Gasunie.

The war in Ukraine has pushed Germany’s need to diversify its gas supply away from Russia to the top of the government’s agenda. As part of these efforts, the government has gone full steam ahead in supporting the build-up of the country’s own import infrastructure for LNG. This is made up of temporary so-called floating terminals – ships which only require limited new port infrastructure – and more permanent onshore terminals with bigger capacity. Construction on another controversial terminal at Stade in the state of Lower Saxony began in summer 2024.