Gasunie finance chief to step down next year

Dutch gas grid and LNG terminal operator Gasunie said on Tuesday that Janneke Hermes will step down as chief financial officer and leave the company at the end of February 2025.

At that point, Hermes will have been employed by Gasunie for almost 23 years, more than five of which in the role of CFO, according to a statement by Gasunie.

She was also acting CEO for several months following Han Fennema’s departure in October 2023.

In 2025, Hermes will continue her career as CFO and executive board member of maritime logistics firm Wagenborg in Delfzijl.

Gasunie said that its supervisory board has started the procedure to find a successor for Hermes as CFO.

Dutch and German LNG terminals

Gasunie and compatriot Vopak operate both Dutch LNG import terminals in Rotterdam and Eemshaven.

The onshore Gate terminal in the port of Rotterdam has a nameplate capacity of 12 bcm or 8.8 mtpa of LNG, three LNG storage tanks with a capacity of 540,000 cbm, as well as three jetties, including one small-scale jetty.

Following modifications, Gate managed to add 4 bcm of capacity on an interruptible basis, available to users already having a position in Gate.

Gasunie and Vopak took a final investment decision in August 2023 to build the fourth LNG tank with a capacity of 180,000 cbm and to add 4 bcm of additional regasification capacity.

In addition, Vopak completed in December last year its deal with Gasunie to buy 50 percent of the latter’s LNG hub in the Dutch port of Eemshaven.

The Eemshaven terminal features two chartered FSRUs, including the 26,000-cbm barge-based FSRU Eemshaven LNG and the 170,000-cbm Energos Igloo.

Outside the Netherlands, Gasunie and German energy firm RWE recently took the final investment decision on the German government-backed onshore LNG import terminal in Brunsbüttel.

Gasunie has a 40 percent operating stake in the facility, RWE has 10 percent, while the German government, through KfW, holds 50 percent.

The terminal is expected to regasify and feed some 10 billion cubic meters of natural gas into the German grid from 2027.

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