LNG

The floating LNG import terminal operating company in the South American nation of Colombia said LNG deliveries reached record levels to respond to the increase in demand for gas-fired power as drought conditions caused by the “El Niño” phenomenon reduced hydro-electric supplies.

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.