About Dunkerque LNG

Introduction

Rising demand for gas in Europe, declining imports from the North Sea and a growing geographical distance between producer and consumer regions... The growth in global gas trading is accelerating. This rapid expansion of international flows is being accompanied by equally rapid growth in the marine shipping of liquefied natural gas (LNG).

So what are the benefits compared with building more gas pipelines? The answer is greater flexibility of supply and lower costs over distances of 3,000+ km. The LNG chain also allows gas to be shipped safely where transmission by pipeline is impossible or where the distance between its point of production and point of consumption is too great.

The Dunkerque LNG terminal is a direct response to these new challenges.

Shareholders

The Dunkirk LNG terminal is owned and operated by Dunkerque LNG, a company 61% owned by a consortium of gas infrastructure group Fluxys, AXA Investment Managers – Real Assets, on behalf of its clients, and Crédit Agricole Assurances, and 39% owned by a consortium of Korean investors led by IPM Group in cooperation with Samsung Asset Management.

  • Headquartered in Belgium, Fluxys is a fully independent infrastructure group with 1,300 employees active in gas transmission & storage and liquefied natural gas terminalling.

    As a purpose-led company, Fluxys together with its stakeholders contributes to a better society by shaping a bright energy future. Building on the unique assets of its infrastructure and its commercial and technical expertise, Fluxys is committed to transporting hydrogen, biomethane or any other carbon-neutral energy carrier as well as CO2, accommodating the capture, usage and storage of the latter.

    Fluxys has 40 years of experience in LNG operations and our LNG assets and partnerships include the Dunkirk and Zeebrugge LNG terminals.

  • A global leader in real asset investments and the number one property portfolio and asset manager in Europe, has over €77bn in assets under management, incl. €58.6bn in direct property & infrastructure and €14.8bn in real asset finance (June 2018). We offer a 360° approach to investing in real assets, which comprises opportunities in both equity and debt, across different geographies and sectors, as well as via private and listed instruments. Our 30-year experienced teams comprise over 600 people in 14 offices that operate in over 20 countries around the world, which provide us with in-depth knowledge of countries, cities and sectors.

  • Europe's leading bank insurer, holds all of Crédit Agricole's insurance entities. The group offers a range of products and services for savings, retirement, health, death & disability and property insurance. They are distributed via Crédit Agricole group banks in France and in 9 other countries worldwide, by wealth management advisers and insurance agents. Crédit Agricole Assurances companies meet the needs of individuals, professionals, farmers and businesses. Crédit Agricole Assurances has 4,400 employees. Its sales at the end of 2017 amounted to €30.4 billion (IFRS).

  • InfraPartners Management ("IPM") is a global fund management and advisory company, established in 2014 by a team of experienced investment professionals. IPM is headquartered in London, Seoul and Bratislava, with a presence in the United States and Turkey. IPM specialises in alternative asset classes, including infrastructure, venture capital, private equity and commodities. At IPM we aim to create a positive economic impact and long-term value for our clients, the companies we invest in, and the communities in which we work.

  • Samsung Asset Management is Korea's largest asset manager and the asset management affiliate of the Samsung Group. Founded in 1998, Samsung Asset Management has been serving investors for 20 years, and as of the end of 2017 had in excess of c.US$200bn AUM, managed by a team of over 350 investment professionals located across offices in Seoul, Hong Kong, New York, London and Beijing. Samsung Asset Management has invested in global infrastructure projects spanning Asia-Pacific, Europe, North America and Latin America.

Ethical Code

We create a safe and respectful working environment, uphold high human rights standards and are committed to do business ethically through responsible interactions with our business partners.

Download the Ethical Code (PDF 233KB)

Imprint

Centre tertiaire des 3 ponts

30 rue l'Hermitte

59140 DUNKERQUE - France

Phone: 33 (0)3 62 73 10 65

E-mail: contact@dunkerquelng.com