Publi-T and Fluxys SA are pleased to announce the incorporation of NextGrid Holding SA. This new subsidiary is intended to hold in the future the shares that Publi-T owns in the Elia Group, and to participate in future capital increases.
Under this new structure, Publi-T will continue to serve as the reference shareholder of Elia Group, while Fluxys SA will join as a minority investor.
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.
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.
Today, infrastructure partner Fluxys Belgium welcomed the EU Commissioner for Energy, Kadri Simson, at the construction site of its first dual-purpose pipeline. Initially, the pipeline between Zeebrugge and Brussels will substantially increase the capacity for the security of supply of Belgium and neighbouring countries. In addition, this pipeline is ready for use to transport hydrogen.
Today, celebrating the 25 years of operation of the gas Interconnector between the UK and Belgium at the UK embassy in Brussels, the British and Belgian gas infrastructure partners National Gas and Fluxys Belgium signed a Memorandum of Understanding to step up their cooperation on decarbonisation infrastructure, harnessing North Sea energy resources such as offshore wind and hydrogen production, and supporting carbon capture usage and storage (CCUS).
Implementing the Federal Hydrogen Act of 11 July 2023, Federal Energy Minister Tinne Van der Straeten has appointed Fluxys hydrogen, a subsidiary of Fluxys Belgium, as operator for the development and management of a hydrogen transmission grid in Belgium.
An exceptional event took place at the Antoing brick factory, involving three major players: Heidelberg Materials, Fluxys, and Equinor. By creating a value chain for CO₂ capture, transport, and storage (CCS), these companies are collaborating on an innovative solution for one of the greatest challenges of our time: climate change.
The first site in Wallonia for the injection of biomethane into the gas network is now operational. This is a major step forward that not only contributes to Wallonia’s energy transition process, but also to the construction of a new model for the circular economy.
In the context of the State Visit of Their Royal Highnesses the Grand Duke and Grand Duchess of the Grand-Duchy of Luxembourg to the Kingdom of Belgium, the CEOs of Fluxys Belgium and Creos Luxembourg have signed a Letter of Intent on the future cooperation in the field of hydrogen infrastructure.
Infrastructure partner Fluxys Belgium today unveiled its BE-HyStore pilot project to store hydrogen in the underground in Loenhout, at an event attended by Federal Minister of the Economy and Employment Pierre-Yves Dermagne and Federal Minister of Energy Tinne Van der Straeten. With 40 years of expertise in underground natural gas storage, Fluxys is now testing the possibilities of storing hydrogen in an underground aquifer.
Fluxys announces the start of construction of the first phase of its hydrogen pipeline network. This groundbreaking project marks an important step in the transition to a sustainable and low-carbon future.
A recent Memorandum of Understanding (MoU) signed between FluxSwiss, Transitgas, OGE, Fluxys TENP and Snam, marks a significant step towards enhancing hydrogen supply in Central Europe. The MoU facilitates cooperation among the parties to ensure technical and operational compatibility. This includes assessing necessary modifications to the infrastructure and aligning the timelines for ramp-up of H2 and commissioning.
Publi-T signed a Heads of Agreement with Fluxys SA/NV to enable Publi-T to follow future capital increases of Elia Group. Together, they will create a new subsidiary to which Publi-T will contribute its 44.79% stake in Elia Group. When needed, Publi-T and Fluxys SA/NV will contribute additional capital to the subsidiary to fund its share in future capital needs of Elia Group. In the new structure, Publi-T will remain the reference shareholder of Elia Group, with Fluxys SA/NV as a minority investor.
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.
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.
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.