Dutch natural gas company Gasunie and tanker storage firm Vopak will go ahead with a 800-million-euro (around 1.12 billion U.S. dollars) investment to build the country's first liquefied gas terminal, Dutch media reported Wednesday.
The two companies announced the decision on Tuesday. The terminal will be located in Rotterdam, the biggest port in Europe. The construction of the terminal means that natural gas can be imported by ships in the future.
Currently, natural gas can only be transported to the Netherlands via pipeline from Norway and Russia.
The terminal, which is due to be operational in 2011, will make it possible to import gas from North Africa and the Middle East.
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