Fluxys and Novatek have formed a JV to build a LNG terminal in Rostock, Germany.
The companies aim to construct the facility, which will have an import capacity of 300,000 million tonnes per annum by 2022.
The mid-sized terminal will receive LNG carriers from a liquefaction facility, which Novatek is currently building in the port of Vysotsk near St Petersburg.
The Rostock project is one of two LNG terminals currently under consideration in Germany.
Additionally, a German-Dutch joint venture is planning a large facility near the coast of the North Sea by Hamburg.
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