Annual results of Fluxys Belgium for the financial year 2024
GASCADE and Fluxys have applied to the European Commission for Project of Common Interest (PCI) status for the AquaDuctus project, marking a major step forward in their plans for an offshore pipeline for green hydrogen in the North Sea. The move by the two infrastructure operators highlights the project's importance for the hydrogen ramp-up.
Publi-T and Fluxys SA are pleased to announce the incorporation of NextGrid Holding SA. This new subsidiary is intended to hold in the future the shares that Publi-T owns in the Elia Group, and to participate in future capital increases.
Under this new structure, Publi-T will continue to serve as the reference shareholder of Elia Group, while Fluxys SA will join as a minority investor.
With abundant wind and solar resources enabling competitive renewable hydrogen production, Oman has the ambition to become a world leading renewable hydrogen hub. Following an invitation to become an anchor investor in the coming IPO process on the Muscat stock exchange, Fluxys has committed to acquire a 4.9% stake in OQGN, the state-owned transmission system operator. The partnership is further strengthened by a Memorandum of Understanding (MoU) between Fluxys and OQGN to explore areas of strategic cooperation in the development of Oman’s hydrogen and CO2 infrastructure.
28/03/2024 - Annual results of Fluxys Belgium for the financial year 2023
On 8 December 2022 the EU Commission has announced it will grant Fluxys Belgium, North Sea Port and ArcelorMittal Belgium €9,6 million under the Connecting Europe Facility for Energy (CEF-E) funding program. The funding is earmarked for the study of the Ghent Carbon Hub project, an open-access multi modal CO₂ storage and liquefaction terminal in North Sea Port combined with a CO₂ pipeline network connecting the Walloon region to the hub in Ghent.
The French and Belgian energy infrastructure companies, GRTgaz and Fluxys hydrogen, a subsidiary of Fluxys Belgium, announce the launch of a market call to assess the needs and economic interest for the creation of an ‘open acces’ hydrogen transport infrastructure between France and Belgium.
The EU Commission announced it will grant Air Liquide, Fluxys Belgium and Port of Antwerp-Bruges €144.6 million under the Connecting Europe Facility for Energy (CEF-E) funding program. The funding is earmarked for the construction of shared CO₂ transport and export facilities on the Antwerp port platform. The grant award is a major step towards the final investment decision, expected in 2023.
TAP shareholders Fluxys and Enagás have jointly agreed to purchase co-shareholder Axpo’s 5% stake in the pipeline. Fluxys will acquire 1% and Spain’s Enagás 4% of Axpo’s stake. Both companies will thus become 20% partner in TAP like the other shareholders Snam (Italy), bp (UK) and SOCAR (Azerbaijan).
Infrastructure partner Fluxys Belgium started today, in the presence of Prime Minister Alexander De Croo and Federal Minister of Energy Tinne Van der Straeten, the construction of the first dual-purpose pipeline. Initially this pipeline between Zeebrugge and Brussels will greatly increase the capacity for the security of supply of Belgium and neighbouring countries. In addition, this pipeline is ready for use to transport hydrogen. Prime Minister Alexander De Croo and Energy Minister Tinne Van der Straeten visited the site in Lokeren (East Flanders) today, where pipes with a diameter of 1 metre are pushed under the road surface.
Regional cluster organizations WaterstofNet and Cluster Tweed today launched the Belgian Hydrogen Council (BHC) to consolidate and strengthen Belgium’s position in Europe and on the global stage as a pioneering hub of excellence for clean hydrogen. The eight CEOs who make up the Board of the Council met for the first time today in Brussels.
Fluxys hat beschlossen, die etwa 24-prozentigen Anteile von Macquarie Asset Management an Open Grid Europe („OGE“), dem größten Fernleitungsnetzbetreiber in Deutschland, zu erwerben. Die Entscheidung passt perfekt zur Strategie von Fluxys, als zentraler Infrastrukturpartner zur Beschleunigung der Energiewende beizutragen.
Increasing security of supply: DNV sees potential 300 TWh/a of green hydrogen
On June 24th, the Council of the European Union adopted a 14th sanctions package against Russia. Fluxys LNG, the Zeebrugge terminal operator, 100% subsidiary of the listed company Fluxys Belgium, has adapted its operational rules to be fully compliant with the adopted sanctions which will be applicable to the existing contracts as from March 26 2025.
The Board of Directors of Fluxys Belgium SA has the honour to invite the shareholders of the company to attend the ordinary general meeting to be held on Tuesday 9 May 2023 from 2.30 pm at the company's registered office, Kunstlaan 31, 1040 Brussels.
The Ordinary General Meeting of Shareholders of 9 May 2023 decided to distribute a dividend for the financial year 2022 and set the gross amount at EUR 1.40 per share.
From June 10th until July 1st, Fluxys LNG has offered 24 additional long-term regasification slots for the period 2027-2044. The outcome of the subscription window was positive with all offered capacity subscribed on the long term.
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.
Fluxys, ArcelorMittal Belgium and North Sea Port have started a feasibility study for the Ghent Carbon Hub project, an open-access CO2 storage and liquefaction hub in the Ghent part of North Sea Port.
EIG, a leading institutional investor to the global energy and infrastructure sectors, and Fluxys, a leading energy infrastructure company, today announced that they jointly will acquire an 80% equity stake in GNL Quintero S.A. (“Quintero”), the largest liquefied natural gas (LNG) regasification terminal in Chile, from Enagas Chile SpA and affiliates of OMERS Infrastructure. Terms of the transaction were not disclosed.