Information on key events in the first half of 2018 and their impact on the financial situation of Fluxys Belgium:
- Regulated turnover remains constant
- Net profit totals €24.3 million (€22.9 million during the first half of 2017)
- Investments: €52.9 million, mainly relating to the construction of the fifth tank at Zeebrugge LNG terminal
- Fluxys Belgium's infrastructure confirms its role as a crossroads for the natural gas market in North-Western Europe
- Natural gas consumption on the Belgian market remains stable
- Activity increases at Zeebrugge LNG terminal
- First transshipment of LNG directly between two vessels
- Energy transition: innovative gas applications gain ground
- First successful large-scale L/H conversion
- New tariff methodologies applicable from 2020 onwards
The subscription window for LNG services at the Zeebrugge terminal held from 30 April to 24 May 2019 has seen a positive outcome.
25/09/2019 - Information on key events in the first half of 2019 and their impact on the financial situation of Fluxys Belgium.
Christian Leclercq will join the Executive Board of Fluxys Belgium as Chief Financial Officer (CFO) with effect from 1 January 2020.
Regulated information - Fluxys Belgium holds its ordinary and extraordinary general meetings on 12 May 2020.
Regulated information - Shareholders will not attend the General Meetings in person.
23/09/2020 - Information on key events in the first half of 2019 and their impact on the financial situation of Fluxys Belgium.
• Turnover up to €531.0 million (2018: €503.2 million)
• Net profit up to €69.5 million (2018: €54.5 million)
• Proposal to the Annual General Meeting on 12 May 2020:
gross dividend of €1.30 per share (2018: €1.26 per share)
• Investments in infrastructure: €91.3 million, mainly for the construction of the fifth storage tank at the liquefied natural gas (LNG) terminal in Zeebrugge
• 2020-2023 transmission tariffs approved: reduction in tariffs
• Zeebrugge LNG terminal boosts its prospects
o Record traffic for both large-scale and small-scale LNG
o Unloading of LNG carriers: new long-term contract until 2044
o LNG transshipments: start of long-term contract until end 2039
• Practical steps to move the energy transition forward: fully targeting green gas and already achieving results with natural gas
• Roll-out of action plan to halve our own greenhouse gas emissions by 2025
31/03/2021 18:00 – Annual results Fluxys Belgium financial year 2020
09/04/2021 11:00 - The Board of directors of Fluxys Belgium invites you in your capacity as shareholder to attend the Ordinary General Meeting on 11 May 2021 at 14:30 CET.
29/09/2021 19:30 - Information on key events in the first half of 2021 and their impact on the financial situation of Fluxys Belgium
A change is taking place in Fluxys' management team in Germany. By cordial mutual agreement, Dr Peter Drasdo will be leaving the company on 1 July 2017 to take on new challenges outside the Fluxys Group.
The joint, nationwide market area to be established in Germany will presumably start operations on 1 October 2021. This is the date the German gas transmission system operators (TSOs) have agreed with the Federal Network Agency (Bundesnetzagentur), the national regulatory authority. The TSOs believe that the planned timing, which coincides with the start of the gas year, is the most convenient solution for market participants from an operational perspective.
In late October, the regional authorities in Freiburg granted planning permission for the de-odorisation plant near Schwörstadt (in the district of Lörrach in Baden-Württemberg). Preparatory construction activities are already underway.
The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the mix of solutions to achieve results. That is why Deme, Engie, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge and WaterstofNet are joining forces. A joint study serves as a basis to coordinate delivery of concrete projects that shape the production, transport and storage of hydrogen.
Having embraced climate neutrality since its inception in 2017, Fluxys with the Gas for Climate consortium welcomes the increase in ambition level to fight climate change as reflected in the EU Green Deal.
Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, and Pascal De Buck, Fluxys Managing Director and Chief Executive Officer, today signed in Paris a Framework Agreement on small-scale LNG cooperation in the European market.
Brussels/Lyon, 16 December 2016 – Six years after it was founded in 2011, boostHEAT is raising funds in a bid to finance the industrialisation phase of its thermodynamic boiler. Fluxys has decided to enter the capital of the company and will have a 7.39% share in the company as well as a member in the Board.
On 1 January 2017, commercial operations started up at the Dunkirk regasification terminal. This commissioning draws a line under one of the largest industrial construction sites in France.
The world’s first top category ice class LNG carrier has docked at the Zeebrugge liquefied natural gas (LNG) terminal for a series of scheduled operations. The vessel will be serving the Yamal LNG production terminal under construction in North Siberia.