Beneficial interest AvH: 75%
AvH Contact: Koen Janssen
Pipelines constitute strategic, reliable, safe and environmentally friendly supply lines for the petrochemical industry and are vital to that industry’s presence in Belgium. NMP contributes towards this as manager of a 700 km network of pipelines. In order to carry out this management in the best possible way, NMP uses a comprehensive safety management system and a geographical information system.
NMP was closely involved in discussions on a review of safety regulations relating to pipeline transportation of gases and other products. These reviewed regulations will come into effect in 2017. An examination of any necessary adjustments to the existing safety management system to comply with the new regulations is currently in progress.
In 2016, Nitraco (joint venture between NMP and Praxair) brought into use the new oxygen pipeline between its sites in Antwerp and Zwijndrecht, as well as the extension of an existing nitrogen pipeline to Vynova in Tessenderlo. In the same year, the project for additional extensions of the existing nitrogen network in the Antwerp port area was finished, and work was started at the end of 2016 on an extension of the existing oxygen network in the Antwerp port area to TRA (Total Refinery Antwerp).
In 2016, NMP signed an agreement with Nippon Shokubai Europe (NSE) for the construction of a new propylene pipeline between the site of Oiltanking Antwerp Gas Terminal and the site of NSE in Zwijndrecht to supply the new plant. Construction of this pipeline began at the end of 2016 and will probably be completed by mid-2017. It will be brought into use at the beginning of 2018 at the earliest.
The result for the financial year 2016 was slightly up on 2015. This increase is primarily attributable to the opening of the new Nitraco pipelines and to increased transport on the Antwerp-Geel propylene pipeline. Apart from the changes caused by the sale of Canal Re at the beginning of January 2017, 2017 is expected to show a similar result as in 2016. The opening of new pipelines is expected to have a positive effect on NMP’s result over the coming years.