MT Group Lands Construction Contract for Germany's LNG Terminal

MT Group has secured a major construction contract for Germany's LNG Terminal, a significant energy-security project.

The terminal is being developed by German LNG Terminal GmbH, a joint venture between KfW (50%), Gasunie (40%), and RWE (10%).

The facility will have an initial regasification capacity of approximately 353 bcf (10 bcm) per year, enabling the conversion of imported LNG into gaseous form for delivery to Germany's transmission network.

MT Group will deliver Balance of Plant (BoP) infrastructure as part of the project, with completion scheduled for 2027.