Gate terminal invests to further increase its flexibility of LNG supply

Gate terminal and its shareholders have decided to invest in an additional high-pressure compression facility to increase its flexibility services towards the customers by reducing the level of minimum send out of natural gas.

Branko Pokorny, managing director of Gate terminal: “LNG flows are increasingly depending on LNG and pipe line gas prices at various locations in the world. We offer our customers already quite some flexibility in the send out pattern of our terminal. The additional facility will further increase this flexibility by allowing our customers to reduce their minimum send out. This investment fits very well in our objective to build a flexible and high quality LNG import terminal.”

Gate terminal is fully on track to start operations in the 2nd half of 2011. The current capacity of 12 billion m3 natural gas is booked by Gate terminal’s four customers and permits have been granted for further expansion to 16 billion m3 throughput capacity.”