Possible capacity expansion for Fluxys LNG

• 01 Giu 2015

On the 28^th of May, Fluxys LNG launched a market test to evaluate the demand for additional capacity at the Zeebrugge LNG terminal. The LNG Terminal staff stated that small-scale LNG solutions to accommodate the growing market are developing swiftly throughout Europe. Against this backdrop, Fluxys LNG is considering to extend the Zeebrugge terminal as and when the market needs additional capacity. In this preliminary phase, Fluxys LNG is conducting a market test to evaluate the demand size for small-scale LNG services such as loading small LNG bunker and feeder vessels as well as LNG trailer loading services. The company is also discussing other services related to the whole LNG supply chain, in particular concerning gas imports. Furthermore, with gas production in Europe steadily declining, additional imports of LNG will be required to ensure security and diversification of supply. Fluxys LNG is also keen to hear from interested parties during this market test which services have to be developed and offered in order to optimize their participation in the LNG supply chain. Fluxys LNG will hold bilateral discussions with interested parties through to the end of September. Depending on the outcome of this market test, an Open Season is scheduled for Q4 2015 with a view to concluding firm long-term commitments. Source: Fluxyis LNG Press Release