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Vopak 50% shareholder in EemsEnergyTerminal

by manusohal
December 12, 2023
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Vopak 50% shareholder in EemsEnergyTerminal
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Printed by Jessica Casey,
Editor




LNG Trade,
Tuesday, 12 December 2023 11:00






Vopak and Gasunie have introduced that Vopak has turn into a 50% shareholder in EemsEnergy Terminal B.V. This efficiently completes the precept settlement that was introduced in April 2023.

EemsEnergyTerminal is an LNG import terminal positioned within the Eemshaven within the Netherlands. Gasunie developed this floating LNG terminal within the Eemshaven space to extend the safety of gasoline provide and to cut back the dependency on Russian gasoline. The LNG terminal has been operational since 15 September 2022. It permits for an extra import of 8 billion m3/y, roughly 25% of the annual gasoline demand within the Netherlands. The companions are working to extend the capability additional in the direction of 10 billon m3/y. This settlement highlights the dedication of Gasunie and Vopak to collectively develop and function open entry LNG infrastructure and contribute to the vitality safety of Europe. The companions are planning the additional improvement of the Eemshaven web site to facilitate the import of inexperienced hydrogen.

Hans Coenen, Member Government Board at Gasunie, mentioned: “I’m happy with Vopak coming into as co-shareholder in EemsEnergyTerminal. Vopak is our long-term accomplice in enabling LNG import and terminalling. By pooling our data and expertise we provide a singular and dependable LNG import answer and we will likely be even higher positioned and dedicated to the long run developments.”

Dick Richelle, CEO at Vopak, added: “We’re excited to construct upon our profitable partnership with Gasunie. This suits very nicely with Vopak’s technique to develop in LNG infrastructure and speed up in the direction of new energies. We’re proud to develop and function dependable and open entry infrastructure as this performs an essential function each within the safety of vitality, in addition to within the vitality transition.”

Vopak and Gasunie are each the founders and joint homeowners of the LNG Gate terminal in Rotterdam which has been operational since 2011. Each Gate terminal and EemsEnergyTerminal play a vital function within the provide and availability of gasoline within the Netherlands and its neighbouring international locations. As soon as all envisaged initiatives have been accomplished, the mixed whole regasification capability of each terminals will likely be 28 billion m3/y.

Learn the article on-line at: https://www.lngindustry.com/liquid-natural-gas/12122023/vopak-50-shareholder-in-eemsenergyterminal/


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