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Vopak acquires controlling stake in EemsEnergyTerminal

Posted on April 19, 2023

Dutch companies Vopak and Gasunie have announced a new agreement for Vopak to acquire 50 per cent of the shares in EemsEnergyTerminal.

The transaction is expected to be completed by 1 October, following approval from competition authorities.

EemsEnergyTerminal has been operational since 15 September 2022 and has a regas capacity of 8 billion cubic metres per year, with plans to increase its capacity.

According to the partners involved, this transaction signals their commitment to jointly develop and operate open access liquefied natural gas (LNG) infrastructure in the Netherlands and to contribute to Europe’s energy security.

The companies are also planning the further development of the Eemshaven site to facilitate the import of green hydrogen.

“By pooling our knowledge and experience we will offer a unique and reliable LNG import solution and we will be even better positioned and committed to the future development of green hydrogen import infrastructure,” said Ulco Vermeulen, Director of Business Development at Gasunie.

Gasunie and Vopak are both founders and owners of Gate terminal in Rotterdam, which has been operational since 2011 with a current regas capacity of 16 billion cubic metres per year.

In February, the Port of Antwerp-Bruges announced that Vopak is acquiring the shares of Gunvor Petroleum Antwerp (GPA) from commodity trader, Gunvor Group.

This acquisition will give Vopak access to the Gunvor concession in the Antwerp port area.


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