Fluxys LNG - Regasification Slots available on sale for October 2023 (extended deadline)
Fluxys LNG is offering Slots to unload, store and regasify a LNG cargo in the Zeebrugge LNG Terminal, starting on 3, 13 and 16 October 2023.
For this 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 hereafter:
When and how will these Slots be offered?
- Slot of 3 October: Auction on 1 August 2023 at 10h Belgian time
- Slot of 13 October: Auction on 2 August 2023 at 10h Belgian time
- Slot of 16 October: Auction on 3 August 2023 at 10h Belgian time
These Auctions will take place via a dedicated Auction Website
Please find below the demo session on the use of the Auction Website.
Interested to participate in these Auctions?
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.
We have updated our Terms and Conditions - LNG auctions in order to allow us to also auction LNG Truck Services in the future and to clarify items about the invoicing terms and the connectivity towards the platform (track changes version).
Therefor if you already participated in one of our previous LNG auctions and you want to participate in the upcoming auction(s), please provide us by 31 July 2023 noon (12h) Belgian time with:
- Duly signed Form of Acknowledgement (page 1) together with the other pages of these Terms & Conditions ("T&C LNG Auctions") initialed from page 0 to page 7 included.
- Which Bidder will represent your company in which Auction,
- 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,
- In case of any changes on the company's official Power of Attorney, proving that the signatories of the Power of Attorney have the power to act on behalf of your company, also a new version of your company's official Power of Attorney
If you have not signed the previous version of our T&Cs – LNG Auctions (version 3 June 2022), please inform and send us by 31 July 2023 noon (12h) Belgian time (if applicable) :
- Duly signed Form of Acknowledgement (page 1) together with the other pages of these Terms & Conditions ("T&C LNG Auctions") initialed from page 0 to page 7 included.
- A signed version of Schedule 1 T&Cs – Power of Attorney,
- The company's official Power of Attorney, proving that the signatories of the Power of Attorney have the power to act on behalf of your company
- Which Bidder will represent your company in which Auction,
By 31 July 2023 17h Belgian time, Fluxys LNG will confirm whether Participant to the Terms & Conditions is admitted and send login and password of the Auction Platform to any new Bidder(s).
In case of any issue with the Auction Website (before the start of an Auction), please submit a written bid to info.lng@fluxys.com by making use of the following fall-back bidding form.
How will these Slots be allocated?
These Slots will be allocated via the Ascending Clock Algorithm:
- The starting price is the regulated tariff of 644 618,24 €. The Major Price Step is 250 000 €, 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.