Subsidiaries

Fluxys LNG SA
(consolidated subsidiary - Fluxys stake 100%)

Fluxys LNG owns and operates the LNG Terminal in Zeebrugge and sells terminalling capacity and related services. In 2007, Fluxys LNG launched an international market consultation to gauge interest in additional capacity at the terminal. Several players in the LNG sector expressed interest, initially, in building an additional jetty. A second phase could be scheduled to boost sendout and create additional storage capacity.



Flux Re
(consolidated subsidiary - Fluxys stake 100%)

Flux Re is a reinsurance company established under Luxembourg law set up on 18 October 2007. On 10 December 2009, Flux Re acquired a 0.10% stake in Fluxys Europe (a new Fluxys subsidiary).

Fluxys & Co SA
(consolidated subsidiary - Fluxys stake 99.98% and Huberator stake 0.02%)

Fluxys & Co was partially split off on 8 May 2009. The field of activity entailing border-to-border transmission (marketing of natural gas transmission capacity in the Zeebrugge-Blaregnies (Troll) and Zeebrugge-Zelzate/Eynatten (RTR1) pipelines) and the associated cash were transferred to Fluxys Transit, a subsidiary of Fluxys. Fluxys Transit was incorporated into Fluxys via a merger-like operation on 12 May 2009.

Fluxys & Co continues to exist following this partial demerger, its assets comprising a 49% stake in the “Partrederiet BW Gas Fluxys DA” incorporated under Norwegian law and owner of the LNG ship “BW Suez Boston”, and retains the rights and obligations associated with pending disputes in regulatory and tax matters.

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