Exploratory talks are underway regarding the potential of an acquisition of Exmar’s share in its floating LNG storage and regasification business by Vopak.
Vopak has earmarked storage and handling of LNG as one of its strategic focus areas. The storage operator is looking for strategic opportunities to strengthen its presence as a service provider in LNG.
Vopak jointly owns and operates two land-based storage and regasification terminals – the Gate terminal in the Port of Rotterdam and the TLA terminal in Mexico.
Exmar is currently co-owner and/or operator of 10 FSRUs and has one FSRU and one FLNG facility under construction.
Vopak says in a statement that as the outcome of these discussions in unknown, no further details will be disclosed.