Close to Rotterdam’s vast harbour entrance, Netherland has a specialized port. The port helped Europe with its need for Natural gas. The port is offering an alternative to the web of the Russian pipeline.
Gate Terminal known facility is the critical entry point for the Liquified Natural Gas. The vitality of Liquified Natural Gas has increased in Europe. This week a giant tanker ship, the GasLog Glasgow waiting at the facility to unload liquified natural gas transported from Egypt.
The weather condition of the winter storm resulted in halting the unloading, sat at the jetty there. Another vessel laden with gas waited for its turn offshore. The Commercial Manager of the Terminal said, “It’s hectic.”
The terminal was working at 5 percent of capacity. Lately, “we are running at 100 percent utilization”, as the Commercial Manager of the facility said.
In recent months, the cost of Natural Gas has soared in Europe, lining up the rows of Liquified Natural Gas Tankers to the ports like Rotterdam.
The hike in the price of Natural Gas made it a profitable business for Russia to make the deal for Natural Gas with Europe, most in need of it. The business has success as of low fuel in the continent’s storage tank.
And the geographical worries over Ukraine, where the United States and its allies believe that Russia may be preparing for its invasion.
Talking About Liquified Natural Gas
An enormous amount of Natural Gas can be shipped when the gas is chilled to minus 260 degrees Fahrenheit; the Natural Gas turns to liquid.
It gets reduced in its size from gas with large size to liquid which occupies less space for the same amount of gas occupying more space. The liquid occupies only one-six-hundredth of its volume as a gas.
The Liquified Natural Gas, also known as LNG, gets loaded in the ships having arrangements to load LNG and is transported to any location with facilities to receive the chilled fuel in liquid form and then transformed to gas hence to warmed back to a gaseous state.
Although the GasLog Glasgow’s cargo came from Egypt, a mediocre but growing gas power, most of the liquid gas flowing to Europe these days is from the United States.
Edited By- Kritika Kashyap
Published By- Satheesh Kumar
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