Gate LNG volumes rocket in Q1

Gate LNG volumes rocket in Q1
LNG tankers Clean Ocean and Boris Vilkitsky at the Gate terminal in Rotterdam (Image courtesy of Gate)

Liquefied natural gas (LNG) throughput volumes at the Dutch Gate terminal rose 143 percent in the first quarter year-on-year, according to the data released by the Port of Rotterdam.

Total LNG throughput at the facility located in the port reached about 1.8 million tonnes in the period under review, as compared to 0.73 million mt last year, the port said in its throughput report.

Gate LNG also logged a record monthly volume of over 500,000 tonnes in February.

“This growth concerned both the supply and distribution of LNG. This confirms the importance of Rotterdam as LNG trading hub,” Port of Rotterdam said.

Gate terminal, owned by Gasunie and Vopak, is one of Europe’s largest LNG terminals. It consists of three 180,000-cbm storage tanks and has an annual regasification capacity of 12 Bcm – equal to around 180 cargoes per year.

Share this article

Follow LNG World News

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

GIE Annual Conference 2019

The French gas infrastructure operators ELENGY, GRTgaz and Storengy are looking forward to be your hosts in 2019.

read more >

LNG Pricing, Trading & Hedging London

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >