As from 1 October 2022 Uniper will increase its capacity rights at Gate terminal B.V., a joint venture of Vopak and Gasunie, by 1 bcm per year for a period of three years.
This deal builds on a long-lasting relationship between both companies and complements the announcement made last year. In anticipation of a tight gas market, Uniper and Gate then committed to a capacity increase of 1 bcm/a starting 1 October 2024. Both above mentioned transactions supplement the existing capacity of 3 bcm/a that Uniper holds since the start of Gate terminal.
Uniper CCO, Niek den Hollander: “In these challenging times Uniper continues to broaden the access of its global LNG portfolio into Northwest Europe to fortify the security of supply for Germany and the Netherlands.” Uniper’s European regasification capacity includes bookings at Isle of Grain with 1.7 bcm/a, Gate with up to 5 bcm/a and market access in Spain. In 2021, Uniper traded more than 350 LNG cargoes worldwide and operated seven LNG carriers.
Gate Managing Director, Wim Groenendijk: “This transaction is a prime example of close German-Dutch cooperation with concrete action in times of emergency. We will continue to explore on a daily basis how to best help our customers and society in serving the LNG and gas markets. The LNG arriving at Gate terminal is of great importance for the gas supply of the Netherlands and the whole of Northwest Europe.”
About Uniper
Uniper is a leading international energy company, has around 11,500 employees, and operates in more than 40 countries. The company plans for its power generation business in Europe to be carbon-neutral by 2035. Uniper’s roughly 33 GW of installed generation capacity make it one of the world‘s largest electricity producers. The company's core activities include power generation in Europe and Russia as well as global energy trading and a broad gas portfolio, which makes Uniper one of Europe’s leading gas companies. In addition, Uniper is a reliable partner for communities, municipal utilities, and industrial enterprises for planning and implementing innovative, lower-carbon solutions on their decarbonization journey. Uniper is a hydrogen pioneer, is active worldwide along the entire hydrogen value chain, and is conducting projects to make hydrogen a mainstay of the energy supply.
The company is based in Düsseldorf and is currently Germany’s third-largest publicly listed energy supply company. Together with its main shareholder Fortum, Uniper is also Europe’s third-largest producer of zero-carbon energy.
About Gate terminal
Gate terminal B.V. is a 50/50 joint-venture between N.V. Nederlandse Gasunie and Koninklijke Vopak N.V. The terminal is operational since September 2011. The imported LNG is unloaded at the terminal, stored and evaporated to natural gas before it is delivered to the transmission network for the European markets. The terminal’s initial throughput capacity of 12 billion cubic meters per year (bcma) can in future be extended to 16 bcma. Gate terminal also offers a portfolio of other services including back-loading services for LNG vessels, ranging from small bunker vessel to large LNG carriers, and loading of LNG tank trucks and containers.
About Gasunie
Gasunie is a European energy-infrastructure company. Gasunie’s network is one of the largest high-pressure pipeline networks in Europe, comprising over 17,000 kilometres of pipeline in the Netherlands and northern Germany. Gasunie provides natural and green gas transport services through its subsidiaries, Gasunie Transport Services B.V. (GTS) in the Netherlands and Gasunie Deutschland in Germany. With its cross-border gas infrastructure and services, Gasunie facilitates TTF, which has become leading European gas trading point. Gasunie also provides other gas infrastructure services, including gas storage and LNG. Gasunie want to help accelerate the transition to a CO2-neutral energy supply and believes that gas-related innovations, for instance in the form of renewable gases such as hydrogen and green gas, can make an important contribution. Both existing and new gas infrastructure play a key role here. Gasunie also plays an active part in the development of other energy infrastructure to support the energy transition.
About Royal Vopak
Royal Vopak is the world’s leading independent tank storage company. We store vital products with care. With over 400 years of history and a focus on sustainability, we ensure safe, clean and efficient storage and handling of bulk liquid products and gases for our customers. By doing so, we enable the delivery of products that are vital to our economy and daily lives, ranging from chemicals, oils, gases and LNG to biofuels and vegoils. We are determined to develop key infrastructure solutions for the world’s changing energy and feedstock systems, while simultaneously investing in digitalization and innovation. Vopak is listed on the Euronext Amsterdam and is headquartered in Rotterdam, the Netherlands.