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construction Hanseatic Energy Hub GmbH is developing an im- port terminal that will help secure Germany’s supply of liquefied natural gas (LNG) and green gases, while preparing for the take-off of hydrogen in the market. The German company has awarded the design and development of the emission-free regasification ter - minal to a consortium led by Técnicas Reunidas and made up of Spain’s FCC Industrial and Entra- de GMBH (a wholly-owned subsidiary of the Turkish company ENKA). This is an EPC (Engineering, Procurement and Cons- truction) contract for the construction of a new lique- fied gas storage and regasification terminal in the river port of Stade, which is part of the metropolitan region of Hamburg (Germany). The land on which the facility will be built belongs to the large chemical company Dow Chemicals, which is involved in the project as one of the development partners. The terminal will use Dow’s industrial waste heat and will therefore be able to regasify gases wi- thout additional CO 2 emissions. The new terminal will have a capacity of 13.3 Bm 3 nominal per year and will involve a total investment of close to 1 billion euros. The project has been divided into two phases. The first, which includes preliminary works and enginee - ring, will last 5 months. The second phase, which is the main contract, is subject to the final investment decision of the Hanseatic Energy Hub, expected next summer. The full execution of the plant is estimated to last until 2027. Técnicas Reunidas will design the regasification terminal and the two sto - rage tanks, each with a capacity of 240,000 cubic me- tres, and will carry out all the equipment and materials supply work for the project. This project is part of the long experience and know-how of Técnicas Reunidas in the design and development of this type of plants, aimed at optimising performance and minimising en- vironmental impact. FCC Industrial With extensive experience in the construction of li- quefied natural gas tanks, FCC Industrial will build the tanks. It will also carry out all the site preparation and civil works activities for the plant. The company has designed, built and commissioned several LNG storage plants in Spain, Finland and Chile. Specifica - lly, in Spain it has executed eight LNG facilities with a capacity to supply 1.53 million homes thanks to the storage of 1.1 Mm3 of liquefied natural gas. Entrade GMBH One of the world’s strongest engineering and cons- truction companies, Entrade GMBH will be responsi- ble for the electromechanical assembly activities. This terminal is an important element of Germany’s current energy policy, which has among its main ob- jectives to diversify its natural gas supply with lique- fied natural gas (LNG) and “green gases”, while pre - paring for the take-off of hydrogen in the market. Hanseatic Energy Hub has underlined that “the hub is a flexible, future-oriented and green energy transi - tion-oriented modular system that will take advantage of the various opportunities in the Stade energy re- gion. The terminal, port, industrial park and connec- ting infrastructure are designed so that the conversion can be carried out in a modular way. It will design involve a total investment of close to 1 billion euros B U S I N E S S B U S I N E S S 19

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