The Dutch port of Rotterdam reported a jump in its LNG bunkering volumes in the April-June period as prices dropped considerably from last year.
Europe’s largest bunkering port said LNG volumes reached 179,804 cubic meters in the second quarter, a rise of about 60.4 percent compared to 112,069 cbm in 2022.
LNG volumes doubled compared to the previous quarter’s 86,088 cbm.
During January-June, these volumes reached 265,892 cbm, compared to 214,648 cbm during the same period last year.
In 2022, LNG bunkering volumes stood at 406,599 cbm, a 32.6 percent decline compared to the year before.
Last year’s volumes were lower mainly due to high prices. However, prices dropped considerably this year and now the volumes are back on similar levels seen in 2021.
LNG throughput in the port of Rotterdam also rose by 9.8 percent in the first half of this year, boosted by shipments from the US.
The port, home to Gasunie’s and Vopak’s Gate LNG import terminal, recently said that total LNG throughput reached 5.94 million tonnes in the first half, compared to 5.41 million tonnes in the January-June period last year.
