Vopak to Become Shareholder into Eemshaven LNG Terminal

Photo credit: EemsEnergyTerminal

Netherland-based Vopak, a tank storage company, has reached a principal agreement with Gasunie to acquire 50% of the shares in EemsEnergyTerminal.

The EemsEnergyTerminal is an LNG import terminal located in the Eemshaven in the Netherlands. Gasunie developed this new floating LNG terminal in the Eemshaven area in response to gas supply insecurities and a desire to reduce the dependency on Russian gas.

The LNG terminal has been operational since 15 September 2022 and has a regas capacity of 8 billion cubic meters per year. The partners are planning the further development of the Eemshaven site to facilitate the import of green hydrogen.

The transaction will be subject to a number of conditions, including the approval from the competition authorities, and is targeted to be completed latest by 1st of October 2023.

Ulco Vermeulen, director business development at Gasunie said: “I am pleased with the intention of Vopak to become a co-shareholder in EemsEnergyTerminal, as our long-term partner in enabling energy import and terminalling. By pooling our knowledge and experience we will offer a unique and reliable LNG import solution and we will be even better positioned and committed to the future development of green hydrogen import infrastructure.”

From his side Mr. Walter Moone, who is the president of New Energies & LNG at Vopak, added: “We are excited to build upon our successful partnership with Gasunie. This fits very well with Vopak’s strategy to grow in LNG infrastructure and accelerate towards new energies. We are proud to develop and operate reliable and open access infrastructure as this plays an important role both in the security of energy, as well as in the energy transition.” 

Disclaimer for podcasts and articles

When you view, access or otherwise use our podcasts or articles, you acknowledge the application of this disclaimer:

Shipping Telegraph ApS provides no warranty, guarantee or representation as to the accuracy or sufficiency of the information featured in our podcasts or articles. The information, opinions, recommendations, content, etc. presented in our podcasts or articles are for information purposes only and do not constitute or replace professional advice. Any reliance you may place on the information provided in our podcast or articles is strictly at your own risk.

Unless it is specifically stated, Shipping Telegraph ApS does not approve, recommend or certify any product, process, service, organization, etc. presented or mentioned in our podcasts or articles. Any third-party materials, advertisements or content of any third-party referenced in our podcasts or articles do not necessarily reflect the opinions, standard or policies of Shipping Telegraph ApS, and Shipping Telegraph ApS cannot be held accountable hereof. Shipping Telegraph ApS is not responsible or liable for the accuracy, completeness or compliance with applicable laws of any third-party material, advertisements and content.

Shipping Telegraph ApS shall not be responsible for any errors or omissions contained in the podcasts, the articles or the website used to gain access hereto and reserves the right to make changes without notice. Shipping Telegraph ApS makes no warranty that our podcasts or articles, or the server making them available, are free of viruses, worms, etc.

Shipping Telegraph ApS expressly disclaims any and all liability or responsibility for any direct, indirect, punitive, incidental, consequential or other damages or other claims arising out of or in connection with any individual's and business entity's use of, reference to, reliance on our podcasts or articles or the information presented herein. By ticking the box, I agree with the disclaimer above.