Gate terminal, in collaboration with its shareholders Gasunie and Vopak, has announced the commencement of construction for its fourth LNG tank at the Port of Rotterdam. This expansion project is a significant milestone in the tank storage industry, as it aims to enhance the storage and regasification capacity of Gate terminal.
The expansion includes the construction of a new LNG storage tank with a capacity of 180,000 cubic metres. In addition, the project will add 4 billion cubic metres per year of regasification capacity. These new facilities have already been rented out under long-term commercial agreements and are expected to be operational by the second half of 2026.
Gate terminal, founded and owned by Vopak and Gasunie since 2011, plays a crucial role in ensuring the supply and availability of gas in the Netherlands and neighboring countries. Upon completion of all planned projects, the terminal’s total regasification capacity will reach an impressive 20 billion cubic metres per year.
Hans Coenen, speaking on behalf of the Board of Directors of Gasunie, highlighted the importance of this investment in increasing LNG import capacity in the Netherlands. He emphasised that it is necessary to compensate for the loss of Russian natural gas and to alleviate the scarcity of natural gas on the European gas market. Gasunie is committed to accelerating the energy transition and is involved in various initiatives such as the construction of a national hydrogen network and the conversion of import terminals. The company also prioritises green gas, heat transportation, and CO2 capture and storage.
Dick Richelle, the CEO of Vopak, expressed enthusiasm for the partnership with Gasunie and the opportunity to expand LNG infrastructure. This investment aligns with Vopak’s strategy to grow in this sector and underscores their commitment to developing and operating reliable and open access infrastructure. Such infrastructure plays a critical role in ensuring the security of energy supply.
Jarmo Stoopman, the managing director at Gate terminal, expressed his delight at the commencement of construction for this significant expansion project. With all the necessary elements in place, the team looks forward to collaborating with contractors to ensure the safe and timely completion of the fourth tank.
The construction of the fourth LNG tank at Gate terminal marks an important step in meeting the growing demand for natural gas in the region. It will bolster the storage and regasification capacity, ensuring a consistent and reliable supply of energy. This expansion project not only addresses the current challenges but also aligns with the broader goals of energy transition and sustainability. With the commitment of Gasunie, Vopak, and Gate terminal, the Netherlands is well-positioned to meet its energy needs and contribute to a greener future.
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