Dutch storage giant Vopak posts 2022 loss due to charges for Europoort in Rotterdam and Colombia FLNG
Royal Vopak, the Dutch company with global energy storage assets worldwide including stakes in LNG terminals, posted an annual loss including exceptional items linked to the Europoort Terminal in Rotterdam and a floating LNG venture in Colombia in South America.
Royal Vopak reports €410 loss with asset impairment charges for Europoort and Colombia LNG FSRU
Royal Vopak, the Dutch global energy storage company with several LNG terminal stakes including in the Gate facility in Rotterdam and a floating terminal in Colombia, reported a €410.5 million ($417.3M) second-quarter loss because of asset impairment charges relating to the Russian war in Ukraine, inflationary pressures, utility prices and energy transition costs.
Royal Vopak of Netherlands increases revenues and profits while helping Germany’s LNG import ambitions
Royal Vopak, the Netherlands-based global storage company with stakes in liquefied natural gas terminals and a new LNG import project for Hong Kong, increased its first-quarter revenues and net profits as it also helped Germany’s LNG import ambitions.
