Gate LNG awards terminal construction contract

Jan. 22, 2008
Royal Vopak and Nederlandse Gasunie, project operators of the planned 9 billion cu m/year Gate liquefaction terminal at Rotterdam, have awarded a turnkey contract to construct the terminal.

Uchenna Izundu
International Editor

LONDON, Jan. 22 -- Royal Vopak and NV Nederlandse Gasunie, project operators of the planned 9 billion cu m/year Gate liquefaction terminal at Rotterdam, have awarded a turnkey contract to Sener Ingenieria y Sistemas SA and Techint Group to jointly construct the terminal. The value of the contract was not disclosed.

The €800 million plant will take 4 years to construct. Sener and Techint will perform detailed engineering and oversee purchasing, construction, and start-up.

Entrepose Contracting and Vinci Construction PLC—both also participating in the venture—will design and build the three 180,000 cu m LNG tanks, which will have an emission capacity of 9 billion cu m/year of gas. Two tanks of the same size will be added later.

Gate LNG initially will have a jetty for LNG ships having capacities as great as 267,000 cu m. A second jetty will be built at a later date.

Gate will have a greater capacity than the average European LNG plant, a Sener executive said.

Dong Energy, EconGas, and Essent, initial customers for long-term throughput agreements, will each take 3 billion cu m/year.

New shareholders in the terminal are Dong Energy, Essent, and OMV Gas International (as a major shareholder of EconGas), which will each acquire a 5% equity stake.

Contact Uchenna Izundu at [email protected].