Annual Report

Perspectives

Molecules are part of the energy future.

Pascal De Buck
Managing Director and CEO

We are ready to invest in the first pipelines for hydrogen and CO2. The move has started.

Daniel Termont
Chairman of the Board of Directors

Milestones

  • Building the network of the future

    To achieve a climate-neutral Belgium, hydrogen and CO2 must be able to flow through the country. At the beginning of the year, we asked the market which volumes will be needed from which sources and going to which destinations. At the end of 2021 and in early 2022, we went back to the market. With tangible proposals for hydrogen and CO2 infrastructure in various industrial clusters. We are ready to get started.

  • Climate-neutral Fluxys: on track

    Our commitment: to be a climate neutral company by 2035. The first milestone is to halve our greenhouse gas emissions compared to 2017 levels by 2025. We are on track to achieve this goal. We are building three extra regasifiers with seawater to boost send-out capacity at Zeebrugge LNG Terminal. Using the heat from seawater to regasify LNG will significantly reduce the terminal’s emissions.

  • Walking together with heart

    Keeping moving during COVID, for a good cause: that was the goal. In all, our employees and their colleagues from other Fluxys group companies walked 180,000 km in two and a half months in the spring. That's equal to 4.5 laps around the earth! To mark this amazing achievement, the company donated €10,000 to the Belgian Heart League.

  • Floods: providing support

    Our teams took action during the floods that devastated the south of Belgium. They collected goods for the victims, aided distribution system operators with repairs, and helped with winter supplies. We also donated to the Red Cross.

  • More traffic and bio- LNG in Zeebrugge

    Our LNG terminal in Zeebrugge saw record levels of shipping traffic as well as loading operations involving LNG trailers. Four extra truck loading stations are under construction. This is our response to the increasing demand for LNG as a low-carbon fuel for ships and trucks. As a fully decarbonised alternative, bio-LNG has also been available since 2021.

  • A hub for Germany and the Netherlands

    Shifts in import flows to Europe meant that there was high demand in both Germany and the Netherlands for flows from Belgium. Our network ensured smooth transit flows to our neighbours, confirming our role as energy hub for North-West Europe.

  • How will you change the world?

    Our hunt for talent continues, and we have a special project for the future: keeping up the good work and tapping into our innovative side to help build a climate-neutral society. That is our message in our multimedia campaign to attract new talent.

Key figures

 People

884
employees

71 internal
mobility

63
new talents

 Planet

€ 934 mln
earmarked in 10y indicative investment plan for energy transition

Stable Greenhouse gas intensity
Transmission and storage (vs 2020)
-27% Greenhouse gas intensity
LNG terminalling (vs 2020)
10 Proposals for open access hydrogen and CO2 infrastructure in Belgium’s various industrial clusters

 Prosperity

€ 438,9 mln
Contribution to prosperity

€ 1,38
Proposed gross dividend per share
(subject to the decision of the ordinary annual general meeting)

0 Interruptions or reductions in capacity