• Regulated turnover stable
• Net profit: €54.5 million
• Proposal to the Annual General Meeting on 14 May 2019: gross dividend of €1.26 per share (2017: €1.23)
• Investments: €78.1 million, mainly for the construction of the fifth tank at the Zeebrugge LNG terminal
• Cold spell and peak demand for gas-fired power generation: Fluxys Belgium grid once again proves its robustness
• Sharp increase in terminalling of large volumes of LNG at Zeebrugge facility
• Belgium takes a first step towards green gas for consumers
Infrastructure group Fluxys and its subsidiary Fluxys LNG are gauging the market's interest in importing low-carbon molecules from the terminal at Zeebrugge. With this market initiative, Fluxys is anticipating the need for large-scale decarbonisation.
Fluxys hat beschlossen, die etwa 24-prozentigen Anteile von Macquarie Asset Management an Open Grid Europe („OGE“), dem größten Fernleitungsnetzbetreiber in Deutschland, zu erwerben. Die Entscheidung passt perfekt zur Strategie von Fluxys, als zentraler Infrastrukturpartner zur Beschleunigung der Energiewende beizutragen.
On the eve of the historic North Sea Summit in Ostend, Belgium, infrastructure operator Fluxys Belgium has conveyed to Belgian Prime Minister De Croo and Ministers for Energy and North Sea, Tinne Van der Straeten and Vincent Van Quickenborne a joint declaration by Fluxys and the other major gas transmission operators (TSOs) around the North Sea. In this declaration, the TSOs commit to a harmonious development of all the energy resources the North Sea has to offer. The undersigning TSOs urge all stakeholders to cooperate so that no opportunity will be missed.
Regional cluster organizations WaterstofNet and Cluster Tweed today launched the Belgian Hydrogen Council (BHC) to consolidate and strengthen Belgium’s position in Europe and on the global stage as a pioneering hub of excellence for clean hydrogen. The eight CEOs who make up the Board of the Council met for the first time today in Brussels.
Fluxys today launches a brand refresh to better express how the company matters to society: “Shaping together a bright energy future”.
Port of Antwerp, Fluxys, and Titan LNG have celebrated the christening of a new LNG bunker barge; the FlexFueler 002. Owned by gas infrastructure group Fluxys and leading physical supplier of LNG, Titan LNG, the FlexFueler 002 makes LNG as a marine fuel widely available to vessels bunkering in the port.
Belgian federal energy Regulator CREG has approved the tariff and LNG Services Agreement proposals for unloading slots and additional storage services at the Zeebrugge LNG terminal.
The Open Season for additional regasification capacity at the Zeebrugge LNG terminal has been successful. Fluxys LNG will now take further steps in the regulatory approval process with a view to taking a final investment decision in February 2021 at the latest.
The Open Season for additional regasification capacity at the Zeebrugge LNG terminal has successfully been closed. During the binding window of the Open Season, the full 6 million tonnes per year (or c. 10.5 GWh/h) capacity on offer has been subscribed.
North Sea Port, Fluxys Belgium, ArcelorMittal Belgium and Federal Energy Minister Tinne Van der Straeten are joining forces to develop a network of pipelines for hydrogen, CO2 and heat in the port area. This was agreed during a visit by the minister to North Sea Port on Wednesday 2 June.
New study by the European Hydrogen Backbone initiative estimates 2,300 TWh of hydrogen demand in EU+UK by 2050 corresponding to 20-25% of future EU and UK energy demand
Sufficient potential exists to produce this quantity as green and blue hydrogen within the EU and UK, hydrogen imports from neighbouring regions are likely
With a view to offering full decarbonisation options for heavy duty trucks and ships, Fluxys LNG is organizing a Subscription Window for BioLNG liquefaction services at the Zeebrugge LNG Terminal. This innovative service is in line with Fluxys’ desire to contribute to a carbon neutral future.
With a view to offering storage users the possibility to book long term redesigned storage services as well as additional flexibility as from 1 April 2022, Fluxys Belgium is organizing a subscription window. It is the first storage service sales under the new commercial model.
Gas infrastructure company Fluxys and institutional investor EIG Global Energy Partners (EIG) have entered into an agreement on the transfer of EIG’s minority stake in Brazilian gas transmission system operator TBG. Completion of the transfer is expected to take approximately two months. Both companies will also explore further strategic cooperation in Brazil’s gas infrastructure market. Fluxys is looking forward to become an industrial partner in TBG as it is a key energy infrastructure for Brazil and the company’s management and workforce are highly experienced.
In the framework of the commercial process started in January 2021 to facilitate the development of a hydrogen and CO2 infrastructure in Belgium, Fluxys today invites - through the launch of information memorandums - industrial parties to express their interest to be connected to the open access hydrogen and/or CO2 infrastructure.
A group of new shareholders has reached an agreement today with global investment group CDPQ to acquire its 19.85% participation in Fluxys. The new shareholders are Energy Infrastructure Partners, the leading Switzerland-based infrastructure investor focused on the global energy transition, and a consortium of Belgian institutional investors. The transfer is expected to be completed by the end of 2022.
Belgian consortium Hyoffwind has signed an agreement with John Cockerill and BESIX to design and build a green hydrogen production unit in Zeebrugge. This agreement represents a new milestone for Hyoffwind, which is playing a key pioneering role in line with the Flemish, Belgian and European hydrogen strategy.
Within roughly four years, hydrogen will pass through a pipeline across the national border in the cross-border port area of North Sea Port. Gasunie, Fluxys and the port are joining forces to connect the Dutch and Belgian hydrogen networks in the port zone.
Infrastructure operator Fluxys Belgium has given the go-ahead for the construction of a new pipeline between Desteldonk and Opwijk. This pipeline will initially increase security of supply for Belgium and neighbouring countries in the context of modified gas flows. It is also an important step in achieving Fluxys' ambitions in terms of energy transition. It is the first strategic investment for hydrogen transport in Belgium. In short, this is a dual-purpose pipeline.