14 September 2017 – As liquidity and market depth at the Belgian gas trading place ZTP continues to increase, pan-European gas trading platform PEGAS has launched a ZTP monthly price index. The monthly index offers end users and grid users in Belgium an attractive alternative for currently used price references in gas supply contracts.
In der Führungsebene der Fluxys in Deutschland findet eine Veränderung statt: Dr. Peter Drasdo verlässt die Gesellschaft zum 1.Juli 2017 in bestem beidseitigem Einvernehmen und wird sich neuen Aufgaben außerhalb der Fluxys-Gruppe zuwenden.
Qatar Petroleum subsidiary Qatar Terminal Limited (QTL) and Fluxys Belgium subsidiary Fluxys LNG today signed a long-term LNG Services Agreement for the Zeebrugge LNG terminal. Under the agreement, QTL subscribes unloading slots at the facility from the expiry of the current long-term unloading contracts and up to 2044.
- Net profit stable despite low interest rates: €61.1 million
- Dividend at same level as last year: €1.20 (gross) per share
- €188 million investments in infrastructure
- Belgian grid entirely bidirectional thanks to laying of Alveringem-Maldegem pipeline
- A first in Europe: integrated gas market for Luxembourg and Belgium
- 20-year contract for LNG transshipment services
Information on key events in the first half of 2017 and their impact on the financial situation of Fluxys Belgium
- Turnover up, mainly due to the start of contracts for gas transmission between Dunkirk and Zeebrugge
- Slight upturn in interest rates has positive impact on the Group’s results
- €36.0 million in investments, mainly in the fifth storage tank and second jetty at the LNG terminal in Zeebrugge
- Fluxys Belgium’s infrastructure: key role on the North-Western European market
- Offtake by gas-fired power stations increases by nearly one quarter
- Belgian gas trading places continue to thrive: ZTP up 46%
- Small-scale LNG remains successful and natural gas as a fuel for transport continues to rise
Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, and Pascal De Buck, Fluxys Managing Director and Chief Executive Officer, today signed in Paris a Framework Agreement on small-scale LNG cooperation in the European market.
Pascal De Buck, CEO of Fluxys Belgium, and Thierry Trouvé, CEO of GRTgaz, inaugurated in Pitgam (Nord) the new gas transmission pipeline connecting France and Belgium. Initiated in 2010, this new link between the two countries is another step towards creating a more integrated gas market in Northwest Europe.
The Zeebrugge LNG terminal loaded the Yenisei River vessel with LNG from the newly commissioned LNG storage tank in late December. The loading operation marked the start of the long-term contract for transshipments concluded in 2015 with Yamal Trade.
The European consortium consisting of Snam, the majority shareholder with an interest of 60%, together with Enagás (20%) and Fluxys (20%), confirms that it has been awarded the tender arranged by the Greek Agency for privatization (TAIPED) for the purchase of a 66% stake in DESFA, the national operator in the natural gas infrastructure sector.
Regulated information - This press release relays the information contained in the notification received by Fluxys Belgium from Fluxys SA and Publigaz SCRL. In its capacity as an issuer of shares with its registered office in Belgium, Fluxys Belgium disseminates this information in accordance with the legislation on transparency (Title II of the law of 2 May 2007 and the Royal Decree of 14 February 2008).
The subscription window for LNG services at the Zeebrugge terminal held from 30 April to 24 May 2019 has seen a positive outcome.
Belgian federal energy Regulator CREG has approved the tariff and LNG Services Agreement proposals for unloading slots and additional storage services at the Zeebrugge LNG terminal.
The European consortium consisting of Snam (60%), Enagás (20%) and Fluxys (20%) signed today in Athens the agreements with the Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum for the acquisition of a 66% interest in DESFA, the national operator in the natural gas infrastructure sector.
Information on key events in the first half of 2016 and their impact on the financial situation of Fluxys Belgium:
- Regulated turnover down – drop results from of a number of authorised costs in decrease: operating expenses, financial expenses and the authorised return
- Efficiency efforts in line with the regulated tariff model
- Increasingly lower interest rates affect the group's results
- Investments: €54.2 million, mainly for the fifth storage tank and the second jetty at the Zeebrugge LNG terminal
- Traded volumes on the ZTP gas trading place have risen by over 51%
- Success of small-scale LNG continues
Natural gas transmission tariffs are set to drop for the third time in five years on 1 January 2018, which will have a positive impact on gas bills for individuals, SMEs as well as large companies. This decrease is triggered by the interim tariff revision mechanism provided for in CREG’s tariff decision.
Die Fernleitungsnetzbetreiber GASCADE Gastransport GmbH, Fluxys Deutschland GmbH, Gasunie Deutschland Transport Services GmbH und ONTRAS Gastransport GmbH haben eine Bruchteilseigentümervereinbarung für das Pipelineprojekt Europäische Gas-Anbindungsleitung (EUGAL) unterzeichnet.
Das gemeinsame deutsche Marktgebiet wird voraussichtlich zum 1. Oktober 2021 seine Arbeit aufnehmen. Auf diesen Zeitpunkt haben sich die deutschen Fernleitungsnetzbetreiber (FNB) mit der Bundesnetzagentur verständigt. Dieser Termin, der mit dem Start des Gaswirtschaftsjahres zusammenfällt, ist aus Sicht der FNB operativ am vorteilhaftesten für alle Marktteilnehmer.
In 2014, transporter Eric Mattheeuws and natural gas infrastructure company Fluxys built a liquefied natural gas (LNG) filling station for heavy trucks at the haulage company's premises in Veurne. Now the two partners are joining forces again to expand the facility, adding a publicly accessible compressed natural gas (CNG) filling station.
Today, the Fluxys and Novatek joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating a mid-scale liquefied natural gas (LNG) storage terminal in the port. The envisaged facility is to unlock LNG as a low emission alternative for heavy fuel oil, diesel and LPG in North and Central Europe and the Baltic Sea area.
Eoly, part of Colruyt Group, Fluxys and Parkwind have set up a collaboration to boost the sustainability of the energy landscape in Belgium. The ambition is to build an industrial-scale power-to-gas installation that converts green electricity into green hydrogen that can be transported and stored in the existing natural gas infrastructure.