Balancing group managers

Balancing group managers

LNG procurement 

To increase the security of gas supply, the German government has provided THE with financial resources to procure LNG and store it in gas storage facilities in the German market area (including the 7 Fields storage facility located in Austria).

THE was always in close coordination with the Federal Ministry for Economic Affairs and Climate Protection (BMWK). In accordance with the order, THE began procurement immediately after the conclusion of the contract. 

A double-digit number of interested parties and bidders took part in the process. The contracted gas quantities are made available to THE in the agreed storage facilities. The further procedure and the use of the contracted gas quantities are already being coordinated between THE and the client. 

Upon conclusion of the framework agreement, Trading Hub Europe published an award notice in the supplement to the Official Journal of the European Union.

THE is also in contact with the BMWK in order to make a decision about any further procurements at a later date.

For further questions please contact

Trading Hub Europe GmbH

Kaiserwerther Str. 115
40880 Ratingen
Telephone: + 49 2102 59796-0

Communication with applicants, tenderers and framework contractors will be by e-mail via