Piège énergétique en Europe : les banques soutiennent le gaz fossile avec Stade LNG

The document criticizes the financing of the Stade LNG terminal in Germany, arguing that such projects create an unnecessary dependence on fossil gas and contradict climate goals. It highlights a disconnect between banks' public climate commitments and their continued funding of LNG import and export infrastructure.

• The Stade LNG import terminal in Germany secured 1.4 billion euros in financing by mid-March from a group of twelve banks, including BNP Paribas, Crédit Agricole, Société Générale, ABN AMRO, Banco Sabadell, BBVA, ING, Korea Development Bank, Mizuho Bank, Standard Chartered, Sumitomo Mitsui Banking Corporation, and UniCredit.
• The Stade LNG terminal, developed by the Hanseatic Energy Hub consortium (Buss group, Dow, Enagas, and Partners Group), is scheduled for commissioning in 2027 and will regasify imported fossil gas, including US shale gas.
• There is a significant risk of overcapacity in Europe's LNG infrastructure; IEEFA estimates that by the end of the decade, terminal capacity could be three times higher than the projected LNG demand, with consumption expected to peak in 2025.
• The document disputes claims that the Stade terminal supports the energy transition through biomethane, synthetic natural gas, or ammonia-based hydrogen transport, stating that large-scale production of the former is unlikely and the latter is inefficient.
• While some banks have restricted financing for new oil and gas fields, they continue to fund LNG terminals, particularly import terminals, which the document argues is inconsistent with IEA projections and 1.5°C warming limits.

APA

Martin, L. (2024). Piège énergétique en Europe : les banques soutiennent le gaz fossile avec Stade LNG. Reclaim Finance. https://reclaimfinance.org/site/2024/06/13/piege-energetique-en-europe-les-banques-soutiennent-le-gaz-fossile-avec-stade-lng/

Chicago

Martin, Léo. Piège énergétique en Europe : les banques soutiennent le gaz fossile avec Stade LNG. Reclaim Finance, 2024. https://reclaimfinance.org/site/2024/06/13/piege-energetique-en-europe-les-banques-soutiennent-le-gaz-fossile-avec-stade-lng/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=Piège énergétique en Europe : les banques soutiennent le gaz fossile avec Stade LNG |publisher=Reclaim Finance |date=13 June 2024 |url=https://reclaimfinance.org/site/2024/06/13/piege-energetique-en-europe-les-banques-soutiennent-le-gaz-fossile-avec-stade-lng/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2024pige, author = {Martin, Léo}, title = {{Piège énergétique en Europe : les banques soutiennent le gaz fossile avec Stade LNG}}, publisher = {Reclaim Finance}, year = {2024}, month = jun, url = {https://reclaimfinance.org/site/2024/06/13/piege-energetique-en-europe-les-banques-soutiennent-le-gaz-fossile-avec-stade-lng/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }