Fluxys LNG is part of Fluxys, the Belgian independent system operator. Publigaz, a holding structure for Belgian municipalities, is the major shareholder.
The Fluxys LNG terminal is located at Zeebrugge in Belgium. In June 2004, Fluxys LNG signed a long-term capacity agreement with Qatar Terminal Limited (a Qatar Petroleum subsidiary) and Zeebrugge LNG Trading Company Limited (an ExxonMobil subsidiary) which provided RasGas with another route to supply additional LNG to the European market in 2007. Qatar Terminal Limited and Zeebrugge LNG Trading Company Limited assigned their capacity to EDF Trading under the terms of the EDF Trading sale.
The Fluxys LNG terminal is directly connected to the Fluxys transmission grid and to the Zeebrugge Hub, one of the most important spot markets in Europe. One of the key advantages of the Zeebrugge LNG terminal is its location, which enables optimum destination flexibility:
LNG delivered to the Zeebrugge LNG terminal can be piped into the Belgian market, traded on the Zeebrugge Hub or redelivered at the border for onward transmission into the United Kingdom, the Netherlands, Germany, the Grand Duchy of Luxembourg, France and further to southern Europe.
The long-term capacity agreement was significant for Fluxys, as it underpinned the expansion of its Zeebrugge terminal capacity. The agreement was also strategically important for RasGas’ shareholders, as RasGas moves closer to becoming the leading supplier of LNG to major markets in Europe, the Americas and the Asia-Pacific region.
- Terminal in operation since 1987
- Loading and unloading capacity for up to 110 LNG ships
- New facilities include docking for Q-Flex LNG carriers, which have a capacity of up to 217,000m3, and for the even larger Q-Max carriers from 2011
- Send-out capacity – 1.7 million cubic metres per hour
- Total storage capacity – 380,000m3 in four tanks and nitrogen-injection facilities to increase marketing flexibility