Posted on September 13, 2023
Royal Vopak NV and NV Nederlandse Gasunie have begun construction on a fourth LNG tank at the 16-billion cu m/year (bcmy) Gate terminal on Maasvlakte in Rotterdam.
The companies held an open season for expansion of the terminal’s storage and regasification capacity earlier this year (OGJ Online, Apr. 11, 2023). A final investment decision for the project, estimated to cost EUR 350 million, was taken in August.
The expansion consists of a fourth LNG storage tank of 180,000 cu m and additional regasification capacity of 4 bcmy, the companies said. The new capacity is already rented out under long-term commercial agreements and is expected to be ready for operation by second-half 2026, contributing additional natural gas supply in the Netherlands and Northwest Europe.
Vopak and Gasunie are the founders and owners of Gate terminal which has been operational since 2011 (OGJ Online, Sept. 23, 2011).
