Gothenburg-based Swedegas, and the Dutch company Royal Vopak, are exploring the possibility of entering into a joint venture and invest in the LNG terminal.
The terminal for liquefied natural gas (LNG) could be completed in Gothenburg, the largest port in Nordic region, as early as 2015.
The terminal can store LNG to supply both shipping and industry and will be open to all parties interested in supplying the Swedish market. This will enable major environmental benefits with the switch from heavy fuel oil to gas.
Infrastructure company Swedegas, which owns and operates the gas grid in south-west Sweden, and Royal Vopak, the world’s leading independent provider of storage facilities for bulk liquids, have announced that they will start a feasibility study for this LNG terminal. The Port of Gothenburg supports the initiative.
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