Dutch Gate LNG terminal launches open season for additional capacity

Dutch Gate terminal in the Rotterdam port, one of Europe’s main LNG hubs, has launched a non-binding open season to gauge market interest in an additional 4 Bcm per year of regasification capacity.

Launched in September 2011 and owned by Gasunie and Vopak, Gate has a capacity of 12 bcm or 8.8 mtpa of LNG, three LNG storage tanks with a capacity of 540,000 cbm, and three truck loading bays.

Following modifications, investments, and successful tests, Gate managed to add 4 bcm of capacity on an interruptible basis, it said in July.

Now Gate is inviting market participants to formulate a non-binding expression of interest (EOI) for the additional capacity boosting the total to 20 Bcm per year.

“The EOI should at least mention the required capacity (maximum 4 Bcm per year), required duration (at least 10 years), and required start-up date (between April 1, 2026 and April 1, 2028),” according to a statement by Gate.

Also, the EOI should mention “the required ultimate date by which the condition precedent of an investment decision should be lifted (indicatively September 1, 2023 dependent a.o. on obtaining an exemption from regulations on tariffs and access conditions),” Gate said.

Gate LNG tank (Image: Gasunie)
Gate LNG tank (Image: Gasunie)

Interested parties should submit the document before Friday, October 14.

Participating in this non-binding phase is a requirement to participate in the binding phase.

Gate said it plans to conduct the binding phase from November 14 until December 16, 2022.

Dutch LNG imports to jump

European countries are fast-tracking LNG imports as part of plans to slash reliance on Russian gas and diversify supply sources.

In order to cater to the increasing demand, Gasunie and Vopak have already decided to expand the Gate facility with two more truck loading bays to boost the total to five.

Gate’s owners also aim to add the fourth LNG storage tank as part of the expansion plans.

Gate is the first Dutch LNG import terminal but Gasunie will soon launch its FSRU-based LNG import hub in Eemshaven.

With the Gate expansion and the Eemshaven project, Dutch capacity will double from current 12 bcm to 24 bcm.

- Advertisements -

Most Popular

Shell to shrink executive committee

LNG giant Shell is to reduce the size of its executive committee from nine to seven members in a...

GasLog Partners aims to convert steam LNG carrier to FSRU for Australian project

NYSE-listed LNG shipping firm GasLog Partners is planning to convert one of its carriers with a steam turbine propulsion...

Tellurian secures one more month to fulfill Gunvor LNG supply deal

Tellurian, the developer of the Driftwood LNG export project in Louisiana, has secured one more month to meet the...

More News Like This

Promigas and Vopak to gauge market interest in Cartagena LNG terminal expansion

Colombian gas distributor Promigas and Dutch tank storage firm Vopak have invited market participants to express their interest in...

Gasunie’s Eemshaven LNG hub to resume gas supplies to Dutch grid on February 6

Dutch natural gas firm Gasunie is now planning to resume sendout to the grid from its LNG import hub...

Rotterdam LNG bunkering volumes dip in 2022

The Dutch port of Rotterdam reported a significant drop in its LNG bunkering volumes in 2022 as high prices...

Gasunie expects to resume Eemshaven LNG sendout next week

Dutch gas grid and LNG terminal operator, Gasunie, is expecting to resume natural gas sendout to the grid from...