Energy storage and decarbonisation infrastructure company, VTTI and maritime energy infrastructure company, Höegh LNG, have signed an agreement to jointly explore options to develop and operate Zeeland Energy Terminal, in the Vlissingen port area in the Province of Zeeland, southern Netherlands.
The terminal will be based on a floating storage regasification unit (FSRU), which in time, plans to transition from import of liquified natural gas (LNG) to hydrogen.
The facility will be connected to one of the largest industrial clusters in the Netherlands and to the Dutch and European gas pipeline network and, sequentially, the hydrogen backbone. It is expected to be in operation in the second half of 2027.
Zeeland Energy Terminal will contribute to the security and affordability of gas supply for the Netherlands and other parts of Europe by increasing its natural gas capacity with LNG importation.
The facility will have an annual throughput capacity of up to 7.5 billion cubic meters, which corresponds to around 25% of the current total average gas consumption in the Netherlands (source: central bureau of statistics NL – 2022).
The partnership entails a 50-50% joint venture for the LNG import facility which includes an adapted FSRU offering an integrated infrastructure solution, leveraging each of the companies’ strengths.
