MET Group secures LNG capacities at Lubmin terminal


Swiss-based MET Group has secured binding long-=term liquefied natural gas (LNG) capacities at Deutsche ReGas’ floating LNG terminal in Lubmin, Germany.

The floating storage regasification unit (FSRU) was inaugurated on the 14th January and will enable the region to increase its energy security.

In recent years, MET Group has acquired 3.4 TWh (terawatt hours) of underground gas storage facilities, opened a local supply subsidiary and is growing its sales activities to a range of industries and customers.

According to György Domokos Vargha, CEO of MET International AG, the focus on contracting capacities in Germany plays an important part in building an ‘integrated European energy market strategy’.

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