Fluxys LNG - Spot slots on offer for Q1 2025
Fluxys LNG is offering five boosted slots to unload, store and regasify LNG cargoes in the Zeebrugge LNG Terminal, for Q1 2025.
Auctions will be organized for new additional slots starting on the following dates:
For these cargoes, Fluxys LNG commercializes the firm rights to unload, store and regasify up to 165 000 m³ LNG over 10 days.
When and how will these slots be offered?
On Wednesday 15 January 2025 at 10h CET, the slots of 14 and 24 February 2025 will be offered one by one in two consecutives auctions. The second auction will start 10 minutes after the closing of the previous one.
On Wednesday 15 January 2025 at 14h CET, the slots of 09, 28 and 30 March 2025 will be offered one by one in three consecutives auctions. Each auction will start 10 minutes after the closing of the previous one.
While registering to the auctions, please specify if you wish to take part in:
- The auctions for the February slots (10:00 AM)
- The auctions for the March slots (2:00 PM)
- All auctions
These auctions will take place via our dedicated auction Website.
Please find below a tutorial of 15 minutes about the auctioning tool (participation conditions of an auction, characteristics of an auction, how to get access to the auctioning tool, how to place bids and how an auction is closed).
Interested to participate in these auctions?
Please note that in order to take part in these auctions, you need to have signed the LNG Services Agreement (LSA).
All communication concerning participation is to be done to info.lng@fluxys.com.
If you already signed our T&C - LNG auctions version July 2023, and you want to participate in the upcoming auctions, please provide us by Tuesday 14 January 2025 10 A.M. Belgian time with:
- Which bidder will represent your company in which auction, note that only this (principal) Bidder will be accepted to take part in such auction
- If you wish to add a new Bidder for your company which is not yet registered, send us a signed version of Schedule 1 T&Cs – Power of Attorney,
- In case of any changes on the company's official Power of Attorney, proving that the signatories of the Power of Attorney have the power to act on behalf of your company, also a new version of your company's official Power of Attorney
If you have not signed the current version of our T&Cs – LNG auctions (version July 2023), please inform and send us by Tuesday 14 January 2025 at 10 A.M. Belgian time (if applicable) :
- Duly signed Form of Acknowledgement (page 1) together with the other pages of these Terms & Conditions ("T&C LNG auctions") initialed from page 0 to page 7 included.
- A signed version of Schedule 1 T&Cs – Power of Attorney,
- The company's official Power of Attorney, proving that the signatories of the Power of Attorney have the power to act on behalf of your company
- Which bidder will represent your company in this auction, note that only this (principal) bidder will be accepted to take part in such auction
By Tuesday 14 January 2025 COB Belgian time, Fluxys LNG will confirm whether participant to the Terms & Conditions is admitted and send login and password of the auction platform to any new bidder(s).
In case of any issue with the auction website (before the start of an auction), please submit a written bid to info.lng@fluxys.com by making use of the following fall-back bidding form.
How will these slots be allocated?
These slots will be allocated through auctions via the Ascending Clock Algorithm:
- The Starting Price per boosted slot is the regulated tariff of 653,586.05 €.
- Participants will bid on the premium per slot (€/slot) on top of the Starting Price,
- The Major Price Step is € 100.000, the Minor Price Step is 50.000 €,
- The duration of 1 Round is 3 minutes and between 2 Rounds there is a duration of 1 minute,
- For the avoidance of doubt, the allocated slot will be invoiced in the days following the auction, at the auction cleared price,
- The allocation mechanism is described here.
More information?
Slots available on a first-come, first-served basis:
We would like to remind you that, following the auctions held on 12 December 2024 at 10:00, regasification slots for 12 January 2025 and 24 January 2025 still remain available. These can be allocated on a first-come, first-served basis. For more details, please refer to the news section.
Feel free to contact your Key Account Manager or send your questions to info.lng@fluxys.com.