North Sea Port becomes second Pipelink shareholder for international pipeline projects

North Sea Port becomes second Pipelink shareholder for international pipeline projects

Cooperation between Port of Antwerp-Bruges and North Sea Port to accelerate energy transition

North Sea Port is to become a minority shareholder in Pipelink, currently a wholly owned subsidiary of Port of Antwerp-Bruges. This new partnership will develop and build local, national and international pipeline projects – essential steps forward in the modal shift and energy transition.

Pipelink owns and manages an asset base of 750 kilometres of pipelines in Belgium. With North Sea Port becoming a minority shareholder in Pipelink thanks to a capital injection, the three largest Belgian port platforms Antwerp, Ghent and Zeebrugge will be represented in Pipelink.

Pipelines are the most environmentally friendly, energy-efficient and safe method for transporting gaseous and liquid products. As such, they have a key role to play in the modal shift and energy transition. 

Win-win

Besides Ghent, Vlissingen and Terneuzen in the Netherlands are also part of North Sea Port. Since this area is home to numerous energy-intensive companies, there are various pipeline opportunities there. Furthermore, Pipelink's ambition is to develop pipeline networks for the transport of (green) hydrogen carriers such as ammonia, methane and methanol.

New pipelines between the Zeebrugge and Antwerp port platforms will cross the Ghent port platform and can therefore also connect the Ghent and Antwerp clusters with each other. By analogy with Port of Antwerp-Bruges in Antwerp, North Sea Port – as a shareholder in Pipelink – can play a facilitating role in developing these projects.

Shared ambition: CO2 transport infrastructure

Carbon Capture & Storage (CCS) and eventually the reuse of CO2 as a feedstock for various applications (Carbon Capture & Utilisation, CCU) are essential in the transition to climate neutrality. Like Port of Antwerp-Bruges with its Antwerp@C project (with Pipelink as a partner), in the shape of Ghent Carbon Hub, North Sea Port is also aiming to offer its industrial customers a CO2 hub with locally accessible infrastructure (open access backbone).

Alongside these local backbones, Fluxys, Pipelink, Socofe and FPIM have joined forces to develop a national CO2 backbone known as "C-grid". It will be connected to CO2 export infrastructure and adjacent infrastructure in neighbouring countries to support energy-intensive industries in northwestern Europe as they move towards climate neutrality. ​

Jacques Vandermeiren, chairman of Pipelink's executive board and CEO of the Port of Antwerp-Bruges: "For a challenge like the energy transition, collaboration is essential. The fact that North Sea Port is now also part of Pipelink will only accelerate this transition and the construction of the necessary infrastructure. This is good news and a win-win for all parties. By connecting the Belgian port platforms, we can avoid competition and potential duplication of expensive infrastructure."
Daan Schalck, CEO North Sea Port: "Our participation in Pipelink is yet another great example of cooperation between ports, and with companies. This allows us to help determine the management and development of the CO2 pipelines in our port area and put opportunities for port customers first. Indeed, North Sea Port is committed to maximising access to the entire port area via the Belgian and Dutch backbones and to the hinterland.”
Annick De Ridder, Vice Mayor for the port, urban development, spatial planning and patrimony of the City of Antwerp, President of the Board of the Port of Antwerp-Bruges: "Although Port of Antwerp-Bruges and North Sea Port are obviously competitors of each other, we work closely together in rolling out critical infrastructure. Together we are taking essential steps forward within Pipelink. Both in modal shift and energy transition and that is obviously good news for the entire Flemish region."

About North Sea Port

North Sea Port is the 60-kilometre-long cross-border port area stretching from Dutch Vlissingen on the North Sea, across Terneuzen to Belgian Ghent - 32 kilometres inland in Belgium. A central hub in Western Europe, the port represents multimodal transport (maritime, inland waterway, rail, truck and pipeline) and a multitude of cargo types. North Sea Port is the number three European port with 12.6 billion euros of added value. In terms of cargo handling, with 73.6 million tonnes, it ranks tenth among ports in Europe. The port area has 550 companies and creates (in)direct employment for 102,000 people.
www.northseaport.com

Info (for press, not for publication)

North Sea Port, Johan Bresseleers, spokesperson, johan.bresseleers@northseaport.com, tel. +32 (0)478 918 675

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About Port of Antwerp-Bruges

With an overall throughput of 271 million tonnes per year, Port of Antwerp-Bruges is a critical hub in worldwide trade and industry. The port is a crucial link for the handling of containers, breakbulk and for the throughput of vehicles. Port of Antwerp-Bruges is home to 1,400 companies and accommodates the largest integrated chemical cluster in Europe. The port provides, directly and indirectly, a total of around 164,000 jobs and generates an added value of 21 billion euros.
 
The ambition for Port of Antwerp-Bruges is clear - to become the world's first port that reconciles economy, people and climate. As well as growing in a sustainable way, the Port also aims to focus on its unique position as a logistics, maritime and industrial centre and to take the lead in the transition to a circular and low-carbon economy. Together with the port community, customers and other partners, Port of Antwerp-Bruges is actively seeking innovative solutions for a sustainable future. High on the agenda is its responsibility for the environment and the surrounding society. 

The port sites of Antwerp and Zeebrugge are operated by the Antwerp-Bruges Port Authority, a limited liability company of public law with the City of Antwerp and the City of Bruges as its shareholders. The port employs 1,800 people. Vice-Mayor of Antwerp Annick De Ridder is President of the Board of Directors, the Mayor of Bruges Dirk De fauw is the Vice-President. Jacques Vandermeiren is CEO and President of the Executive Committee, which is responsible for the port’s day-to-day management. 

www.portofantwerpbruges.com

The telephone number +32 492 15 41 39 is only for press inquiries. For other questions you can mail to communicatie@portofantwerpbruges.com

Port of Antwerp-Bruges
Havenhuis
Zaha Hadidplein 1
2030 Antwerp
Belgium