Port of Antwerp acquires 720 kilometres of pipelines

The Port Authority is putting 44 million euros on the table to take over Nationale Maatschappij der Pijpleidingen (NMP) from shareholders Ackermans & van Haaren and Electrabel. This will give the Port Authority management and ownership of 720 kilometres of pipelines, 90% of which are connected to the activities of (petro)chemical companies in the port of Antwerp and in the hinterland, especially then Kempen and Feluy. Today, the NMP pipelines mainly carry ethylene and propylene and technical gases for customers at the port and in the hinterland.