Fluxys LNG - Regasification Slots available on sale for 23 and 28 March 2023

Fluxys LNG is offering 2 Slots to unload, store and regasify 2 LNG cargoes in the Zeebrugge LNG Terminal, starting respectively on 23 March and 28 March 2023.

For these 2 cargoes, 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 (Slot of 23 March) and here (Slot of 28 March).

When and how will these 2 Slots be offered?

• Slot of 23 March: Auction on 12 January 2023 at 10.00 AM Belgian time
• Slot of 28 March: Auction on 12 January 2023 at 2.00 PM Belgian time 

These Auctions will take place via a dedicated Auction Website

Fluxys LNG organised a demo session on the use of the Auction Website on 5 May 2022.

Recording of the demo session

Interested to participate in these auctions?

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 9 January 2023 (2.00 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 10 January 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 9 January 2023 (2.00 PM) Belgian time (if applicable) :

• If you wish to participate to the Auctions of 23 and/or 28 March 2023, as well as 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 9 January 2023 (2:00 PM) Belgian time, otherwise you will not be able to participate in the upcoming Auctions.

By 10 January 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 these 2 Slots be allocated?

These 2 Slots will be allocated via the Ascending Clock Algorithm:

• The starting price is the regulated tariff of 679 704 €. The Major Price Step is 2 000 000 €, the Minor Price Step is 200 000 €,
• 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.