Rotterdam LNG throughput rises 46 percent in first half

LNG throughput in the port of Rotterdam rose 45.8 percent in the first half of this year on the back of high gas prices and as European countries look to reduce reliance on Russian gas.

The port, home to the currently only large LNG import terminal in the Netherlands, Gate, said that total LNG throughput reached 5.41 million tonnes in the January-June period, compared to 3.71 million tonnes in the year before.

LNG throughput was almost identical in the second quarter compared to 2.70 million tonnes in the prior quarter.

Incoming LNG volumes rose 55.9 percent in the first half to 5.32 million tonnes, while outgoing volumes dropped 69.3 percent to 92,000 tonnes, according to the Rotterdam port’s quarterly report.

“There is very strong demand for LNG as an alternative to the natural gas entering Europe by pipeline from Russia,” the port said.

Gate expansion

The Gate LNG terminal in the Rotterdam, owned by Gasunie and Vopak, has a nameplate capacity of 12 bcm or 8.8 mtpa of LNG.

However, the terminal has been working for months above its capacity.

Following modifications, investments and successful tests, Gate now has an annual capacity of 12 bcm on a firm basis and 4 bcm on an interruptible basis.

Gate’s shareholders have also decided to add two more truck loading stations and are also looking into adding an additional storage tank.

Beisides Gate, Gasunie’s Eemshaven LNG hub should also go online later this year.

This second Dutch LNG import project will have two FSRUs and a total capacity of 8 bcm per year.

- Advertisements -

Most Popular

Dynagas takes delivery of new LNG carrier

Greek LNG shipping firm Dynagas has taken delivery of the 200,000-cbm LNG carrier, Clean Destiny, in South Korea. The firm...

Construction progress continues on Golden Pass LNG export plant

Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass liquefied natural gas (LNG) export...

India’s GAIL seeks $1.81 billion from SEFE in LNG supply dispute

India’s largest gas utility GAIL has launched an arbitration process in the hope of securing up to $1.81 billion...

More News Like This

Cheniere, OMV seal long-term LNG supply deal

US LNG exporting giant Cheniere has signed a long-term deal with Austrian energy firm OMV to supply the latter...

Netherlands continues to be main destination for US LNG cargoes

The Netherlands was the top destination for US liquefied natural gas supplies for the fifth month in a row...

Rotterdam LNG bunkering volumes continue to rise

The Dutch port of Rotterdam reported a rise in its LNG bunkering volumes in the July-September period as prices...

QatarEnergy inks huge LNG supply deal with Shell

State-owned QatarEnergy and UK-based Shell signed two long-term LNG sale and purchase deals for the supply of up to...