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.
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.
30/03/2022 18:30 – Annual results Fluxys Belgium financial year 2021
Information on key events in the first half of 2023 and their impact on the financial situation of Fluxys Belgium.
Information on key events in the first half of 2022 and their impact on the financial situation of Fluxys Belgium.
TAP shareholders Fluxys and Enagás have jointly agreed to purchase co-shareholder Axpo’s 5% stake in the pipeline. Fluxys will acquire 1% and Spain’s Enagás 4% of Axpo’s stake. Both companies will thus become 20% partner in TAP like the other shareholders Snam (Italy), bp (UK) and SOCAR (Azerbaijan).
Fluxys Belgium, Fluxys LNG (hereinafter "Fluxys Belgium") and the CREG have agreed to propose to the market some adjustments to the tariff methodology. In an environment characterised by high inflation and volatile and rising interest rates, these adjustments will allow Fluxys Belgium's margin to reach a fair level for the period 2024-2027.
Increasing security of supply: DNV sees potential 300 TWh/a of green hydrogen
Today’s additional proposals invite industrial parties to express their interest to connect into open access infrastructure for hydrogen in Liège & Mons and for CO2 in Antwerp & Ghent.
The question of which price index to choose for a natural gas contract is set to get simpler. From 1 October 2023, a single index, ZTP, will be used for the Belgian reference price. The ZTP index was on average 14% lower than the Dutch TTF index in 2022 thanks to the Belgian grid's good connections to all sources for the Northwest European market.
Fluxys Belgium, Pipelink, Socofe and SFPIM join forces in “Fluxys c-grid” to create a CO₂ network operator. This newly created organisation underlines our common ambition to support industries in their transition efforts to a low carbon future. At the same time, it shows our readiness for both the upcoming legal and regulatory frameworks for CO₂ transport activities. Fluxys c-grid ensures a long-term approach combining a regional focus with a broad internationally interconnected network.
Infrastructure partner Fluxys Belgium started today, in the presence of Prime Minister Alexander De Croo and Federal Minister of Energy Tinne Van der Straeten, the construction of the first dual-purpose pipeline. Initially this pipeline between Zeebrugge and Brussels will greatly increase the capacity for the security of supply of Belgium and neighbouring countries. In addition, this pipeline is ready for use to transport hydrogen. Prime Minister Alexander De Croo and Energy Minister Tinne Van der Straeten visited the site in Lokeren (East Flanders) today, where pipes with a diameter of 1 metre are pushed under the road surface.
Qatar Petroleum subsidiary Qatar Terminal Limited (QTL) and Fluxys Belgium subsidiary Fluxys LNG today signed a long-term LNG Services Agreement for the Zeebrugge LNG terminal. Under the agreement, QTL subscribes unloading slots at the facility from the expiry of the current long-term unloading contracts and up to 2044.
Within the spirit of partnerships and cross-border cooperation for CO₂ transport, Fluxys Belgium and Wintershall Dea signed a cooperation agreement. This agreement is one of the many steps to accelerate the green transition and to contribute towards a sustainable low carbon industry.
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.
The Zeebrugge LNG terminal loaded the Yenisei River vessel with LNG from the newly commissioned LNG storage tank in late December. The loading operation marked the start of the long-term contract for transshipments concluded in 2015 with Yamal Trade.
Under Fluxys Belgium's tariff proposal for 2020-2023, as approved by CREG on 7 May 2019, transmission tariffs will be corrected in the event that the development of the regulatory account deviates from its planned trajectory.
EIG, a leading institutional investor to the global energy and infrastructure sectors, and Fluxys, a leading energy infrastructure company, today announced that they jointly will acquire an 80% equity stake in GNL Quintero S.A. (“Quintero”), the largest liquefied natural gas (LNG) regasification terminal in Chile, from Enagas Chile SpA and affiliates of OMERS Infrastructure. Terms of the transaction were not disclosed.
As of the 5th of April 2024, the "Ostsee Anbindungsleitung" (OAL) has a second owner: Fluxys Deutschland GmbH. The Düsseldorf-based transmission system operator has acquired a 25 percent share in the pipeline from GASCADE Gastransport GmbH. Fluxys Deutschland will market the associated transport capacities independently in future.