Throughput Agreement Lng

Gate Terminal: The Gate Terminal is located in the port of Rotterdam in the Netherlands and provides access to the gas market in north-west Europe. It has an annual flow capacity of 12 billion m3 per year (bcma) (8.5 mtpa) – one third of the total Dutch market. Under the agreement, Qatar Terminal Limited (QTL), a subsidiary of Qatar Petroleum, will subscribe to the terminal`s full capacity from the expiry of current long-term unloading contracts until 2044. Together, we have a combined LNG storage capacity of 1,160,000 m3 and a total throughput capacity of 29.9 bcma. In addition, Vopak is a partner in the German LNG terminal. Engro Elengy Terminal (EETPL): EETPL is the first FSRU terminal to free up access to Pakistan`s expanding gas market in Port Qasim. It has an annual flow capacity of 6.5 bcma (4.5 mtpa). The terminal is operated by Fluxys LNG, part of the independent Belgian natural gas company Fluxys. Currently, the terminal has 380,000 cubic meters of LNG storage capacity, spread over 4 reservoirs and an annual capacity of 9 billion cubic meters of natural gas.

A fifth storage tank of 180,000 cubic metres is under development. Altamira Terminal – TLA: Attractive on the east coast of Mexico, TLA makes it easy to import LNG into the country and serve neighbouring islands in the future. TLA has an annual capacity of 7.4 bcma (5 mtpa) QTL is already a party to an existing agreement under which approximately 50% of the terminal`s capacity will be used for the supply of Qatari LNG to Belgium under long-term LNG agreements. SPEC LNG Terminal: Located in Colombia, SPEC has an annual throughput capacity of 4 bcma. The LNG import facility consists of an LNG mooring site, onshore infrastructure and a 9.2 km pipeline connecting SPEC to the national gas network. A chartered FSRU receives LNG and sends the gas ashore. SPEC has long-term contracts with three local gas-fired power plants. We offer all interested LNG suppliers and customers open, non-discriminatory access to our terminals and are always open to strong partnerships. We firmly believe that LNG will be the future fuel for vehicles and onshore vessels, as well as an alternative energy supply for industrial customers who do not have access to the gas network. Vopak`s strategy is to create lifting terminals such as Gate Terminal and TLA for importation, but also to redistribute LNG in small quantities of satellite terminals to local markets. This is called the break-bulk model.

We own and operate, jointly with joint venture partners, four terminals: Kees van Seventer – President LNGJarmo Stoopman – General ManagerAnne-Marie Kroon – Director of Finance – ControlCasper Pieper – Director of Commercial – Business Development LNGMicha` l Naert – Director of Technology – ProjectsStella Zerbo – Director of Human Resources LNG Notice of this decision was given in the government Gazette (in Dutch: Staatscourant) on November 17. November 2006. A copy of this decision and all relevant details are immediately brought to the attention of the European Committee in accordance with Article 18 not 9 of the Gas Act. Gate met all the necessary conditions to qualify for an exemption. In addition, the European Commission concluded that, given the risk profile and business model of the project, the exemption was justified on the basis of the separation of infrastructure and gas trade. The relevant legal documents that apply to the use of Gate`s services are: Vopak LNG is the independent global LNG (Liquefied Natural Gas) regas terminal operator.

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