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Revealed by
Jessica Casey,
Deputy Editor
LNG Trade,
Gasunie is investigating choices for additional momentary growth of LNG import capability within the Netherlands. This research is happening after session with the Ministry of Financial Affairs and Local weather and suits in with the plans Minister for Local weather and Power, Rob Jetten, despatched to the Decrease Home on 9 December 2022. Each current and new websites are being checked out. As an illustration, there are plans to additional increase the present LNG services in Eemshaven (EemsEnergyTerminal) and in Rotterdam (Gate) on the idea of technical optimisations. As well as, a number of new (floating) LNG terminals should guarantee a adequate provide of fuel in 2023 as properly. For this, the port of Terneuzen is at the moment within the image.
There will likely be no bodily fuel shortages within the Netherlands this winter. This was beforehand proven in a research by Gasunie Transport Providers (GTS) and this state of affairs is now actuality. Costs are excessive, nonetheless, and it’s because there’s nonetheless a structural shortage in north-western Europe. The implications of this result in a value driving impact in our market space.
The stress on costs might be eased by saving vitality, increasing LNG import capability within the Netherlands and accelerating the vitality transition. Gasunie is subsequently working, for instance, in shut cooperation with the Dutch authorities, to construct a nationwide hydrogen community. Nevertheless, hydrogen can’t but exchange the demand for pure fuel for the subsequent 2 – 3 years. Power saving stays essential however figures present that Dutch households and corporations are already doing so considerably resulting from excessive costs.
For the quick time period, realising extra LNG import capability is subsequently essentially the most acceptable strategy to stabilise costs on the fuel market. The extra LNG coming in via the Netherlands reduces provide shortage and will thus contribute to reducing fuel costs. To pursue a lower on this fuel value, Gasunie is taking a look at a brief additional growth of import capability till winter 2025/2026. These are measures that may be deployed as early as subsequent winter (2023/2024) and ideally earlier than the fuel storage filling season begins (April 2023).
Gasunie desires to grasp this growth on a brief foundation due to the significance of the transition to a sustainable vitality provide. The intention is to make use of as many components of the momentary installations as doable for hydrogen transport after a couple of years.
Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/15122022/gasunie-investigates-options-for-increasing-lng-imports-in-the-netherlands/
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