VTTI explores FLNG facility

VTTI is exploring the development of a floating liquefied natural gas (FLNG) facility that will provide the Netherlands additional LNG storage and import capacity. This additional capacity is needed to enhance  gas supply to the Netherlands and Europe, contributing to the security of supply. At the same time, it 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 (FSRU) facility will be connected to one of the largest industrial clusters in the Netherlands and to the Dutch and European gas grid. The facility will have an annual throughput capacity of approximately 5 billion m3, which corresponds to around 15% of the current total gas consumption in the Netherlands. In time, VTTI plans to use the infrastructure for the import of green energy carriers such as hydrogen. VTTI aims that the facility will be operational in the beginning of 2024.

Guy Moeyens, CEO at VTTI says: 'As part of our diversification strategy, VTTI’s ambition is to develop a worldwide LNG portfolio at strategic locations, offering transitional solutions for green energy carriers such as hydrogen. The Netherlands needs additional LNG import capacity in the short term to enhance energy supply security. We are pleased to contribute to this based on our many years of experience in the field of energy infrastructure and storage.'