VTTI and 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.
According to VTTI, 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 project will be developed under a ‘Rijkscöordinatieregeling’, a decision-making process coordinated by the Dutch government for energy projects of national importance. The public participation phase, part of the first stage in this procedure, is scheduled to begin in the first quarter 2024.
Furthermore, a dialogue with interested market parties is ongoing, and the project team will commence an open season during the first half of 2024, to gauge further market interest in its regasification capacity, VTTI concludes.
