ROTTERDAM – Dutch energy storage specialist VTTI says that it is exploring the development of a floating LNG facility that will provide the Netherlands with additional gas storage and import capacity.
The company says that additional capacity is needed to enhance gas supply to the Netherlands and Europe, contributing to the security of supply. At the same time, VTTI says that new import capacity will strengthen the competitiveness in LNG deliveries and infrastructure, while delivering a transitional infrastructure solution towards green energy carriers.
The floating storage and regasification unit facility will be connected to one of the largest industrial clusters in the Netherlands and to the Dutch and European gas grid. The facility would have an annual throughput capacity of approximately 5 billion cubic meters, which corresponds to around 15% of the current total gas consumption in the Netherlands.
In time, VTTI says it would use the infrastructure for the import of green energy carriers such as hydrogen. The company says that it hopes to bring the facility into operation by early 2024.