Energy storage specialist VTTI is exploring the development of a floating liquefied natural gas (FLNG) facility that will expand the LNG storage and import capacity of the Netherlands.
The ambition of VTTI to develop a new facility is spurred by the need to increase gas supply to the Netherlands and Europe following Russia’s invasion of Ukraine in February.
According to the company, it will also strengthen the competitiveness in LNG deliveries and infrastructure, while delivering a ‘transitional infrastructure solution’ towards green energy carriers.
Equipped with an annual throughput capacity of around 5bcm (billion cubic metres) – 15% of the current total gas consumption in the Netherlands – the facility will be connected to one of the largest industrial clusters in the Netherlands and to the Dutch and European gas grid.
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