Fluxys LNG - Regasification Slot available on sale for 12 July 2023

Fluxys LNG is offering a Slot to unload, store and regasify a LNG cargo in the Zeebrugge LNG Terminal, starting on 12 July 2023.

For this cargo, Fluxys LNG has upgraded the standard Slot size and commercializes as a bundle the firm rights to unload, store and regasify up to 165 000 m³ LNG over 10 days, by following the profile detailed here.

When and how will this Slot be offered?

• Slot of 12 July: Auction on 26 April 2023 at 10.00 AM Belgian time

This Auction will take place via a dedicated Auction Website

Please find below the demo session on the use of the Auction Website.

Recording of the demo session

Interested to participate in this auction?

Please note that in order to take part in this Auction, you need to have signed the LNG Services Agreement (LSA). 

All communication concerning participation is to be done to info.lng@fluxys.com.

If you have not yet signed our T&Cs – LNG Auctions (version 3 June 2022), please provide us by 24 April 2023 noon (12.00 PM) Belgian time:

• Duly signed Terms & Conditions ("T&C LNG Auctions")
• Power of Attorney (see Schedule 1 in Terms & Conditions)
• Proof that the signatories of the Power of Attorney have the power to act on behalf of the Participant

By 25 April 2023 noon (12:00 PM) Belgian time, Fluxys LNG will confirm whether Participant to the Terms & Conditions is admitted and send your login for the Auction Website.

If you have already signed our T&Cs – LNG Auctions (version 3 June 2022), please inform and send us by 24 April 2023 noon (12.00 PM) Belgian time (if applicable) :

• Which Bidder will represent your company,
• If you wish to add a new bidder for your company which is not yet registered, send us a signed version of Schedule 1 T&Cs – Power of Attorney,
• If there has been a change to the documents submitted together with the T&Cs – LNG Auctions (version 3 June 2022).

For the avoidance of doubt, even if you participated in our previous auctions, you need to explicitly confirm your participation by 24 April 2023 noon (12:00 PM) Belgian time, otherwise you will not be able to participate in the upcoming Auctions.

By 25 April 2023 noon (12:00 PM) Belgian time, Fluxys LNG will confirm – if applicable – your participation, the new bidder including login & password and/or good receipt of the new documents.

In case of any issue with the Auction Website, please submit a written bid to info.lng@fluxys.com by making use of the following fall-back bidding form.

How will this Slot be allocated?

This Slot will be allocated via the Ascending Clock Algorithm:

• The starting price is the regulated tariff of 645 837,75 €. The Major Price Step is 200 000 €, the Minor Price Step is 50 000 €,
• The duration of 1 Round is 3 minutes and between 2 Rounds there is a duration of 1 minute,
• The Allocation mechanism is described here.

More information?

Feel free to contact your Key Account Manager or send your questions to info.lng@fluxys.com.