10 January 2017 – The second jetty at the liquefied natural gas (LNG) terminal in Zeebrugge was commissioned in late December following operational tests carried out over recent months. Yesterday, the Coral Energy became the first LNG carrier to berth at the jetty for a commercial loading.
Fluxys Belgium has successfully issued two bonds with a total nominal value of €350 million at historically low credit spreads and for long-term maturities. Total market appetite reached €880 million, which reconfirms the confidence of European institutional investors in Fluxys Belgium’s credit quality and the key role of the Belgian natural gas grid as crossroads for Northwestern Europe.
On 1 December 2017 Fluxys Belgium and GRTgaz will introduce Virtualys, a single virtual interconnection point between the Belgian ZTP and French PEG Nord gas trading places with a view to facilitate cross-border trading.
The Board of Directors of Fluxys Belgium SA has the honour to invite the shareholders of the company to attend the ordinary general meeting to be held on Tuesday 14 May 2024 from 2.30 pm at the BNP Event Center, Rue Royale 20, 1040 Brussels.
GASCADE and Fluxys have applied to the European Commission for Project of Common Interest (PCI) status for the AquaDuctus project, marking a major step forward in their plans for an offshore pipeline for green hydrogen in the North Sea. The move by the two infrastructure operators highlights the project's importance for the hydrogen ramp-up.
On 8 December 2022 the EU Commission has announced it will grant Fluxys Belgium, North Sea Port and ArcelorMittal Belgium €9,6 million under the Connecting Europe Facility for Energy (CEF-E) funding program. The funding is earmarked for the study of the Ghent Carbon Hub project, an open-access multi modal CO₂ storage and liquefaction terminal in North Sea Port combined with a CO₂ pipeline network connecting the Walloon region to the hub in Ghent.
This partnership between GRTgaz and Fluxys builds on the consultations conducted in France and Belgium in 2021-2022 to assess market players' hydrogen transmission needs. As such, the two gas transmission system operators have decided to launch a call for developing an open-access, cross-border network for the transmission of low-carbon hydrogen in Hainaut, more specifically between the areas of Valenciennes in France and Mons in Belgium.
GASCADE and Fluxys as long-standing partners in pipeline infrastructure join forces in two key projects for shaping the hydrogen economy in Germany: doing hydrogen and AquaDuctus. These infrastructure projects are to connect hydrogen demand centres with onshore and offshore hydrogen production, making a major contribution to Germany’s decarbonisation efforts.
30/03/2022 18:30 – Annual results Fluxys Belgium financial year 2021
Information on key events in the first half of 2022 and their impact on the financial situation of Fluxys Belgium.
In June 2022, French and Belgian energy infrastructure operators GRTgaz and Fluxys Belgium launched a market call for developing the first open-access, cross-border hydrogen transmission network between France and Belgium, in the Hainaut region. 17 companies expressed an interest in connecting their production or consumption site to the proposed transmission network, for production capacity ranging from 300 to 600 MW and an associated hydrogen consumption of between 1.5 and 3 TWh/year, depending on the options considered. A feasibility study will now be launched.
The EU Commission announced it will grant Air Liquide, Fluxys Belgium and Port of Antwerp-Bruges €144.6 million under the Connecting Europe Facility for Energy (CEF-E) funding program. The funding is earmarked for the construction of shared CO₂ transport and export facilities on the Antwerp port platform. The grant award is a major step towards the final investment decision, expected in 2023.
The two companies have agreed to develop a major infrastructure project for transporting captured CO2 from emitters to safe storage sites in the North Sea, connecting Belgium to Norway. The project is in the feasibility stage, with an investment decision expected by 2025.
Fluxys, Advario Stolthaven Antwerp and Advario Gas Terminal have joined forces to study the feasibility of building an open-access green ammonia import terminal at the Port of Antwerp-Bruges. The plan is to offer the market a robust solution to its growing demands for importing and storing green energy and raw materials against a backdrop of ongoing decarbonisation.
Fluxys, ArcelorMittal Belgium and North Sea Port have started a feasibility study for the Ghent Carbon Hub project, an open-access CO2 storage and liquefaction hub in the Ghent part of North Sea Port.
The Ordinary General Meeting of Shareholders of 14 May 2024 decided to distribute a dividend for the financial year 2023 and set the gross amount at EUR 1.40 per share.
With abundant wind and solar resources enabling competitive renewable hydrogen production, Oman has the ambition to become a world leading renewable hydrogen hub. Following an invitation to become an anchor investor in the coming IPO process on the Muscat stock exchange, Fluxys has committed to acquire a 4.9% stake in OQGN, the state-owned transmission system operator. The partnership is further strengthened by a Memorandum of Understanding (MoU) between Fluxys and OQGN to explore areas of strategic cooperation in the development of Oman’s hydrogen and CO2 infrastructure.
• 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.