30/03/2022 18:30 – Annual results Fluxys Belgium financial year 2021
From June 10th until July 1st, Fluxys LNG has offered 24 additional long-term regasification slots for the period 2027-2044. The outcome of the subscription window was positive with all offered capacity subscribed on the long term.
Researchers at KU Leuven have developed game-changing hydrogen panels that are garnering attention from around the world. Fluxys recently installed several of these panels on the green roof of its Anderlecht lab with a view to joining forces with the university and conducting extensive tests for a year.
Information on key events in the first half of 2022 and their impact on the financial situation of Fluxys Belgium.
29/03/2023 - Annual results Fluxys Belgium financial year 2022
28/03/2024 - Annual results of Fluxys Belgium for the financial year 2023
Information on key events in the first half of 2024 and their impact on the financial situation of Fluxys Belgium.
Information on key events in the first half of 2023 and their impact on the financial situation of Fluxys Belgium.
Annual results of Fluxys Belgium for the financial year 2024
• 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
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.
Creos Luxembourg, Fluxys hydrogen in Belgium, and GRTgaz in France announce the inclusion of the cross-border hydrogen infrastructure project HY4Link in the European hydrogen network development plan, a first step to become Project of Common Interest. In the light of this announcement, the partners have signed a Memorandum of Understanding to intensify their cross-border hydrogen infrastructure cooperation.
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.