The consortium consisting of Snam (60%), Enagás (20%) and Fluxys (20%) has today completed the acquisition of a 66% stake in DESFA, the national operator in the natural gas infrastructure sector, from the Hellenic Republic Asset Development Fund (HRADF) and Hellenic Petroleum for a consideration equal to € 535 million. The consortium, which was awarded the tender for the DESFA privatization in April 2018, made the acquisition through Senfluga Energy Infrastructure Holdings. The consortium has obtained a >10-year non-recourse acquisition financing corresponding to approximately 65% of the enterprise value.
On 1 January 2017, commercial operations started up at the Dunkirk regasification terminal. This commissioning draws a line under one of the largest industrial construction sites in France.
On 1 December 2017 Fluxys Belgium and GRTgaz will introduce Virtualys, a single virtual interconnection point between the Belgian ZTP and French PEG Nord gas trading places with a view to facilitate cross-border trading.
The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the mix of solutions to achieve results. That is why Deme, Engie, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge and WaterstofNet are joining forces. A joint study serves as a basis to coordinate delivery of concrete projects that shape the production, transport and storage of hydrogen.
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.
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.
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.
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.
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.
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.
The Belgian and Spanish natural gas infrastructure companies Fluxys and Enagás announced today that they signed an agreement to jointly sell their total stake in Swedegas, the owner and operator of the high-pressure gas grid in Sweden, to FS Gas Transport AB.
Belgian and Spanish natural gas infrastructure companies Fluxys and Enagás have closed the joint sale to FS Gas Transport AB of their total stake in Swedegas, owner and operator of the high-pressure gas grid in Sweden.
Fluxys Belgium is to simplify its services for ZTP physical trading (formerly Zeebrugge Beach services) as from 1 October 2017. The PEGAS trading platform will enhance its services accordingly.
Information on key events in the first half of 2018 and their impact on the financial situation of Fluxys Belgium:
- Regulated turnover remains constant
- Net profit totals €24.3 million (€22.9 million during the first half of 2017)
- Investments: €52.9 million, mainly relating to the construction of the fifth tank at Zeebrugge LNG terminal
- Fluxys Belgium's infrastructure confirms its role as a crossroads for the natural gas market in North-Western Europe
- Natural gas consumption on the Belgian market remains stable
- Activity increases at Zeebrugge LNG terminal
- First transshipment of LNG directly between two vessels
- Energy transition: innovative gas applications gain ground
- First successful large-scale L/H conversion
- New tariff methodologies applicable from 2020 onwards
Fluxys has taken over the concession in the port of Antwerp at quay 526-528 to make liquefied natural gas (LNG) available as an alternative fuel for ships and barges, in one of the Port Authority's key initiatives to make the port's activities more sustainable. Fluxys will add a permanent LNG bunkering facility by the end of next year to complement the existing mobile (truck-to-ship) bunkering service.
The bunkering vessel ENGIE Zeebrugge performed in the port of Zeebrugge, Belgium, its first deliveries of LNG (liquefied natural gas) as a marine fuel to M/V AUTO ECO and M/V AUTO ENERGY, the two new gas-propelled pure car and truck carriers (PCTCs) of UECC. The LNG bunkering operations were conducted at the same time that the cargo operations for PCTCs were taking place.
The world’s first top category ice class LNG carrier has docked at the Zeebrugge liquefied natural gas (LNG) terminal for a series of scheduled operations. The vessel will be serving the Yamal LNG production terminal under construction in North Siberia.
The Zeebrugge LNG terminal performed its first direct ship-to-ship transfer of liquefied natural gas (LNG) today. The successful completion of the operation marks the start of LNG transshipment services at the facility.
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.