German LNG terminal operator Deutsche ReGas has made significant progress in its plans to establish a green hydrogen hub in Lubmin, Germany. The project, known as H2-Hub Lubmin, involves collaboration with Norwegian firm Höegh LNG to develop a floating hydrogen import terminal that will house a large-scale electrolysis plant powered by renewable electricity. This initiative aims to produce green hydrogen through the electrolysis of water, contributing to the decarbonization efforts in the region. The first phase of the project focuses on constructing a 200-MW electrolyser plant by 2026, with the goal of generating 30,000 tonnes of green hydrogen annually. Subsequently, the capacity is set to increase to 500 MW by 2028, targeting an annual production of 80,000 tonnes of green hydrogen to meet the demand in eastern and southwestern Germany. Additionally, Deutsche ReGas has launched a new LNG terminal at the industrial port of Mukran, bolstering the country's LNG import capabilities. This terminal, equipped with FSRUs, enables the storage and distribution of LNG, contributing to energy security and gas transport infrastructure development in Germany and neighboring Eastern European countries.