Hanseatic Energy Hub expands management as construction phase begins

Business Developments & Projects

Hanseatic Energy Hub (HEH), Germany’s first land-based terminal for liquefied gases in Stade, has selected Alejandro Marjalizo from Spanish energy company Enagás to take over the technical management of the terminal project.

Hanseatic Energy Hub

On June 20, HEH said the project is entering the construction phase after more than six years of planning and approval.

Moving from Enagás, Alejandro Marjalizo will take over the technical management as Chief Technical and Operations Officer (CTOO) and as a member of the management board.

“As the first land-based terminal in Germany, we are a real pioneering project and at the same time are setting new standards for the energy transition. The know-how and many years of experience of Alejandro Marjalizo and of Enagás as Europe’s largest operator of LNG terminals will make a significant contribution to the success of the project,” said Jan Themlitz, CEO of HEH.

The project partners Enagás, Dow, and the Buss Group secured financing for the large-scale infrastructure project earlier this year.

The future-flexible energy hub at the Stade Industrial Park will be built by a consortium led by Spain-based engineering, procurement, and construction (EPC) specialist Técnicas Reunidas.

Around €1 billion will be invested in the construction of the terminal which is scheduled for commissioning in 2027.

Initially, the HEH will serve as an import terminal for LNG, synthetic natural gas, and liquefied biomethane and, subsequently, for ammonia, as a carbon-neutral, hydrogen-based energy carrier.

Once the hub enters into service, the FSRU Energos Force chartered by Germany’s federal government will set sail from Stade. The floating LNG terminal, which has been on site since March 2024, will continue securing the gas supply in the short term until the land-based terminal is completed.

The energy hub will have a total capacity of 13.3 billion cubic meters of natural gas per year, with 90% of this volume booked long-term by three European energy majors EnBWSEFE, and ČEZ. The remaining capacity is reserved for short-term bookings. Long-term contracts include the option to switch to hydrogen-based energy carriers at a later stage as the terminal has been certified by permitting bodies as being ammonia-ready.