09/04/2021 11:00 - The Board of directors of Fluxys Belgium invites you in your capacity as shareholder to attend the Ordinary General Meeting on 11 May 2021 at 14:30 CET.
Gas infrastructure company Fluxys and institutional investor EIG Global Energy Partners (EIG) have completed the announced transfer of EIG’s minority stake in Brazilian gas transmission system operator TBG.
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.
- 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
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.
New study by the European Hydrogen Backbone initiative estimates 2,300 TWh of hydrogen demand in EU+UK by 2050 corresponding to 20-25% of future EU and UK energy demand
Sufficient potential exists to produce this quantity as green and blue hydrogen within the EU and UK, hydrogen imports from neighbouring regions are likely
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.
• Turnover up to €531.0 million (2018: €503.2 million)
• Net profit up to €69.5 million (2018: €54.5 million)
• Proposal to the Annual General Meeting on 12 May 2020:
gross dividend of €1.30 per share (2018: €1.26 per share)
• Investments in infrastructure: €91.3 million, mainly for the construction of the fifth storage tank at the liquefied natural gas (LNG) terminal in Zeebrugge
• 2020-2023 transmission tariffs approved: reduction in tariffs
• Zeebrugge LNG terminal boosts its prospects
o Record traffic for both large-scale and small-scale LNG
o Unloading of LNG carriers: new long-term contract until 2044
o LNG transshipments: start of long-term contract until end 2039
• Practical steps to move the energy transition forward: fully targeting green gas and already achieving results with natural gas
• Roll-out of action plan to halve our own greenhouse gas emissions by 2025
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.
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
Belgian consortium Hyoffwind has signed an agreement with John Cockerill and BESIX to design and build a green hydrogen production unit in Zeebrugge. This agreement represents a new milestone for Hyoffwind, which is playing a key pioneering role in line with the Flemish, Belgian and European hydrogen strategy.
With a view to offering full decarbonisation options for heavy duty trucks and ships, Fluxys LNG is organizing a Subscription Window for BioLNG liquefaction services at the Zeebrugge LNG Terminal. This innovative service is in line with Fluxys’ desire to contribute to a carbon neutral future.
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.
The two companies have agreed to develop a major infrastructure project for transporting captured CO2 from emitters to safe storage sites in the North Sea, connecting Belgium to Norway. The project is in the feasibility stage, with an investment decision expected by 2025.
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.
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.
Today, Fluxys with consortium partners AXA Investment Managers – Real Assets, acting on behalf of its clients, and Crédit Agricole Assurances have closed the transaction to jointly acquire from EDF and Total a 35.76% stake in Dunkerque LNG, owner of the liquefied natural gas (LNG) terminal in Dunkirk. Through the acquisition the Dunkirk LNG terminal is now part of the Fluxys group.
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.