Monday 29 October 2012

Abu Dhabi's TAQA seeks new terms for Dutch gas transport tariffs | Reuters

Abu Dhabi National Energy Co (TAQA) said it is in talks with the Dutch government on changing the basis of gas transport tariffs to make the 4.1 billion cubic metre (bcm) Bergermeer storage facility competitive.

Bergermeer, along with a liquefied natural gas (LNG) terminal in Rotterdam, is an important part of the Netherlands' plan to become a European hub for distribution of imported natural gas once the country stops exporting its own gas output in 2025.

Jan Willem van Hoogstraten, managing director of TAQA's Dutch branch, said on Monday that at present a company wanting to use storage pays twice to enter the Dutch grid - once when gas crosses into the Netherlands and once when it comes out of storage.

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