Uniper Increases Natural Gas Capacity at Dutch Gate Terminal

German utility Uniper SE is accelerating plans to procure more liquefied natural gas (LNG) from the Gate import terminal in the Netherlands. 

Starting in October, Uniper said it would increase its capacity rights by 1 billion cubic meters (Bcm) per year for the next three years at the terminal, a key entry point for LNG in Northwest Europe. At the end of the transaction period, Uniper expects to have  access to an additional 2 million metric tons (MMt) of the super-chilled gas from the terminal.

The move speeds up a strategy the utility was putting in motion before the Russian invasion of Ukraine put further pressure on Europe’s gas resources. Anticipating a tighter gas market, Uniper in 2021 said it would invest in a capacity expansion of 1.0 Bcm/year at Gate to bring its...