LNG to Generate Thousands of Jobs in the Netherlands, says PwC

Liquefied natural gas is expected to bring locally an “extra 2.7 million euros in economic growth and 8,000 man years between now and 2040,” according to a PricewaterhouseCoopers (PwC) report on Dutch LNG.

The survey was commissioned by the Ministry of Economic Affairs to PwC, as part of the “Rhine and Wadden Green Deal,” reads a note released on Wednesday by the National LNG Platform, an entity connecting companies and government authorities who are committed to the introduction of LNG as an alternative fuel in the Netherlands.

“There are huge opportunities. In order to capitalize on them, the development of demand and supply should be coordinated. Furthermore, it requires substantial investments,” commented Ger van Tongeren, chairman of the one-year old National LNG Platform.

Van Tongeren said that LNG investments have to be focused on the entire chain in order to promote LNG as a cleaner fuel for road transport, inland waterway transport and coastal shipping. 

“With respect to excise duty on LNG for freight transport … we expect to have a solution available for the planned excise duty increase shortly,” concluded van Tongeren.

According to the note, seven fuelling stations are operational in the Netherlands, with 100 LNG trucks on the road and two LNG inland vessels in service. Rotterdam is the first European port to introduce LNG legislation.

"LNG offers the Netherlands opportunities to reinforce its gas hub position and to boost investments and create new jobs,” reads the note.