Essent, Vopak and Gasunie decide not to go through with the Eemshaven LNG terminal

Arnhem, 01 September 2010 | press release

The study into the feasibility of an LNG terminal in the Eemshaven conducted by Essent, Vopak and Gasunie which was announced in 2007 has now been completed. The study has shown that there is insufficient basis to arrive at a positive investment decision.

Groningen Seaports – the company that manages Eemshaven and the port of Delfzijl - has placed the 65-ha area that was reserved for the terminal back on the market. Discussions are currently already underway with interested candidates. This 65-ha site is the last area available in the Eemshaven situated immediately next to deep water.

For more information, please contact:

Bert Hendriks, Essent's spokesperson, tel.: 06 50 47 94 59 or Essent Media Relations, tel.: 0800 – 02 44 022, e-mail mediarelaties@essent.nl 

Groningen Seaports:
Marie-Lou Gregoire, Communication, +31 (0)596 640459 or +31 (0)6 20430070

Koninklijke Vopak N.V.:
Corporate Communication & Investor Relations
Arno Schikker
Telephone: +31 (0) 10 4002777
E-mail  corporate.communication@vopak.com
Website: www.vopak.com

N.V. Nederlandse Gasunie:
Hansch van der Velden, corporate communication Gasunie
E-mail: press@gasunie.nl

About Essent
Essent is the largest producer of sustainable energy in the Netherlands and supplies electricity, gas and heat to domestic and business customers. The company considers the Netherlands and Belgium to be its home market. The total production capacity of Essent's power plants is currently 3,600 MW, more than 3,200 MW in production capacity is currently under construction. Essent accounts for a quarter of all energy generated in a sustainable manner in the Netherlands. Essent has approximately 4,500 employees. More information can be found at http://www.essent.eu

Essent forms part of the internationally operating RWE. With a turnover in 2009 of almost EUR 48 billion and 70,000 staff, RWE is a leading European supplier of electricity and gas. In Europe, RWE supplies electricity and gas to over 30 million customers. This places RWE among the top 5 European energy companies. RWE invests an average of at least EUR 1 billion per annum in European sustainable energy projects.

About Vopak
Koninklijke Vopak N.V. is the world's largest independent tank storage service provider,
specialised in the storage and handling of liquid bulk chemicals, gases and oil products. Vopak operates 80 terminals with a combined storage capacity of more than 28.6 million cubic metres in 31 countries. These terminals are strategically located for users along the major shipping routes. The majority of its customers are companies operating in the chemical and oil industries, for which Vopak stores a large variety of products destined for a wide range of industries.

About Gasunie
Gasunie is a European gas infrastructure company. The Gasunie network is among the largest high pressure gas pipeline grids in Europe, consisting of over 15,000 kilometres of pipeline in the Netherlands and northern Germany, dozens of installations and approximately 1,300 gas receiving stations. The annual gas throughput totals approximately 125 billion cubic metres. We serve the public interest in the markets in which we are active and work to create optimum value for our stakeholders. We are the first independent gas transport provider with a cross-border network in Europe.

Gasunie offers transport services via its subsidiaries Gas Transport Services B.V. (GTS) in the Netherlands and Gasunie Deutschland Transport Services GmbH in Germany and through its services label Gasunie Transport Services, which offers integrated transborder gas transport services on the integral European gas market.

We aim for the highest standards in safety, reliability, efficiency and sustainability. Due to the reliability and strategic location of the Gasunie network in relation to expanding international gas flows, the Gasunie network forms the core of what is called the northwest European 'gas roundabout'.

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