VTTI explores the event of a floating LNG facility that can present the Netherlands with further storage and import capability for LNG. Further capability is required to reinforce gasoline provide to the Netherlands and Europe, contributing to the safety of provide. On the identical time, it’ll strengthen the competitiveness in LNG deliveries and infrastructure, whereas delivering a transitional infrastructure resolution in the direction of inexperienced power carriers.
The FSRU facility will likely be linked to one of many largest industrial clusters within the Netherlands and to the Dutch and European gasoline grid. The ability could have an annual throughput capability of roughly 5 billion m3, which corresponds to roughly 15% of the present complete gasoline consumption within the Netherlands. In time, VTTI plans to make use of the infrastructure for the import of inexperienced power carriers, comparable to hydrogen. VTTI goals to carry the power operational at first of 2024.
Man Moeyens, VTTI CEO, mentioned: “As a part of our diversification technique, VTTI’s ambition is to develop a worldwide LNG portfolio at strategic areas, providing transitional options for inexperienced power carriers, comparable to hydrogen. The Netherlands wants further LNG import capability within the quick time period to reinforce power provide safety. We’re happy to contribute to this based mostly on our a few years of expertise within the area of power infrastructure and storage.”
That is in keeping with the Dutch authorities coverage, to work in the direction of a carbon-neutral and round power economic system by 2040. Because of the necessity of this power transition and the short-term want for further LNG import capability, VTTI depends on a fruitful collaboration with the nationwide and regional authorities in addition to related authorities concerned.
Learn the article on-line at: https://www.lngindustry.com/floating-lng/19122022/vtti-explores-lng-import-capacity-expansion-in-the-netherlands/