ConocoPhillips and Essent Energie B.V. to Study Feasibility of LNG Terminal in the Netherlands
Summary
Company Overview Contact Info & Offices Press Releases Executives & Employees ConocoPhillips Press Release Receive press releases from ConocoPhillips: By Email RSS Feeds: ConocoPhillips and Essent Energie B.V. to Study Feasibility of LNG Terminal in the Netherlands The companies have identified a potential project site at the Port of Eemshaven and have executed a land option agreement for the 100-acre site with owner Groningen Seaports.The parties expect to complete the initial study toward the end of this year and then make a decision on proceeding into a next phase of more detailed engineering.If the outcome of these procedures is positive, the operation of the terminal could start in 2010. is an integrated petroleum company with interests around the world.Contacts: Kristi DesJarlais wh.conocophillips.com/utilities/contactus.asp?cid=contacts5 Maarten Thijs, Essent wh.conocophillips.com/utilities/contactus.asp?cid=contacts3 ### Houston, TX, June 24, 2005 --( PR.com )-- ConocoPhillips [COP: NYSE] and Essent Energie B.V. have signed a Memorandum of Understanding to study the feasibility of developing a liquefied natural gas (LNG) import terminal in the Netherlands.The companies have identified a potential project site at the Port of Eemshaven and have executed a land option agreement for the 100-acre site with owner Groningen Seaports.The parties expect to complete the initial study toward the end of this year and then make a decision on proceeding into a next phase of more detailed engineering.