SOVEREIGNTY
The escalation of geopolitical tensions and regionalisation has heightened countries’ concern for their technological, industrial, energy and defence sovereignty. Many are relocating strategic assets and increasing their energy production capacity to reduce their dependence on imports. These efforts to increase sovereignty are opening up new opportunities for all VINCI businesses.
Strengthening European energy security
After having delivered three liquefied natural gas storage tanks with a capacity of 180,000 cu. metres each in the port of Rotterdam, VINCI Construction is currently building a fourth tank (photo opposite) as part of the Gate (Gas Access to Europe) project. The goal is to contribute to securing the gas supply in Northern Europe. The company is carrying out similar projects in other countries, such as the United Kingdom, where it is building a 190,000 cu. metre tank on the Isle of Grain to expand the country’s gas storage capacity.