Dutch Gate to further boost capacity after new deal with Uniper

Dutch Gate LNG terminal, a joint venture of Vopak and Gasunie, plans to invest in a further capacity expansion of 1 bcm per year, following a new deal with Germany’s Uniper.

Launched in September 2011, Gate currently has an annual throughput capacity of 12 bcm of gas per year but it has earlier this year revealed plans to add 0.5 bcm per annum of capacity.

Together with the newest investment, Gate would have a total capacity of 13.5 bcm per annum, with the additional regasification capacity to be available from October 01, 2024, according to a statement on Monday.

“Over the ten years of operations we have established a strong relationship with Uniper. We take it as a vote of confidence that Uniper has committed to additional capacity,” Wim Groenendijk, managing director at Gate terminal, said.

Andreas Gemballa, director LNG at Uniper, said the company’s LNG trading activities have grown “significantly from less than 30 cargoes in 2016 to more than 300 to date this year.”

Gemballa said that Uniper has traded 80 percent of these cargoes in the Pacific basin.

“Coming October 2024 Uniper would be the biggest capacity holder at Gate terminal with a capacity of 4 bcm under a long-term contract,” he added.

The expansion of its regas capacity at Gate mirrors the growth of Uniper’s LNG portfolio on the commodity side as well as the expansions of the LNG shipping portfolio, the statement said.

Currently, Uniper has seven LNG vessels under long- and mid-term charters.

For Uniper, Gate is also of “growing importance as a small-scale LNG hub with 3 TWh/year expected to be loaded onto trucks and barges by the end of the year,” the statement said.

- Advertisements -
spot_img

Most Popular

Qatargas kicks off work on four giant LNG trains

LNG producer Qatargas, a unit of Qatar Energy, said it has started construction on four giant LNG trains in...

Denmark’s Celsius charters LNG carrier quartet to Gunvor’s unit

Denmark’s Celsius Tankers, a unit of Celsius Shipping, has signed charter deals for its four LNG newbuilds with Clearlake...

Shell names new boss for integrated gas

LNG giant Shell said it has named a new director for its integrated gas and renewable business following the...

More News Like This

Liqvis launches new LNG filling station near Hamburg

Liqvis, a unit of energy firm Uniper, continues to expand its network of LNG filling stations for trucks with...

Uniper’s Liqvis, VTG in LNG rail move

Germany's Liqvis, a unit of energy firm Uniper, and compatriot rail logistics firm VTG have completed test deliveries of...

Rotterdam LNG bunkering volumes hit new record

Liquefied natural gas bunkering operations in the Dutch port of Rotterdam continue to surge, boosted by visits of new...

Dutch Gate terminal logs lower LNG volumes

Dutch Gate terminal in the Rotterdam port saw lower LNG volumes in the January-June period when compared to the...