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VTTI explores LNG import capability growth within the Netherlands

manusohal by manusohal
January 14, 2023
in White papers
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Revealed by
Jessica Casey,
Deputy Editor




LNG Trade,
Monday, 19 December 2022 09:00






VTTI explores the event of a floating LNG facility that can present the Netherlands with further storage and import capability for LNG. Extra capability is required to boost gasoline provide to the Netherlands and Europe, contributing to the safety of provide. On the similar time, it can strengthen the competitiveness in LNG deliveries and infrastructure, whereas delivering a transitional infrastructure resolution in direction of inexperienced power carriers.

The FSRU facility might be linked to one of many largest industrial clusters within the Netherlands and to the Dutch and European gasoline grid. The power may have an annual throughput capability of roughly 5 billion m3, which corresponds to roughly 15% of the present whole gasoline consumption within the Netherlands. In time, VTTI plans to make use of the infrastructure for the import of inexperienced power carriers, resembling hydrogen. VTTI goals to convey the power operational at first of 2024.

Man Moeyens, VTTI CEO, stated: “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, resembling hydrogen. The Netherlands wants further LNG import capability within the quick time period to boost power provide safety. We’re happy to contribute to this primarily based on our a few years of expertise within the subject of power infrastructure and storage.”

That is in step with the Dutch authorities coverage, to work in direction of a carbon-neutral and round power financial system by 2040. As a result of necessity of this power transition and the short-term want for additional 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/

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