In a post on LinkedIn, VTTI celebrated one year since the company completed its acquisition of 50% equity in Dragon LNG, a strategically located onshore LNG import terminal in Milford Haven, in Wales, UK.
Dragon LNG’s regasification terminal is one of three LNG terminals in the UK. It consists of LNG receiving, storage, reliquefication, regasification and send-out facilities. The facility can achieve maximum gas send out to the UK national transmission system of up to 9 billion m3 per year.
Guy Moeyens, CEO of VTTI commented: ‘One year on, we are proud of the progress we have made together with Shell and Dragon LNG. This joint venture plays an important role in VTTI’s commitment to supporting secure, reliable energy while contributing to the broader energy transition. With our deep expertise in energy infrastructure, strong collaboration with the Dragon LNG team, and the valued participation of Shell as the other shareholder, we are excited to continue operating safely and reliably and to support a more sustainable future for the terminal and the community it serves.’
Simon Ames, managing director of Dragon LNG and Dragon Energy said: ‘Since VTTI came on board as our new shareholder, we have received strong support during an important period for Dragon LNG. This collaboration has helped us advance key priorities, including preparations for future capacity auctions and our wind park development. I look forward to a strong future with both Shell and VTTI as we continue to contribute to the UK’s energy transition, support our local community and drive economic growth in West Wales.’
