Sunday, June 23, 2024

Belgium’s Flaxys to auction Zeebrugge LNG slot in March

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Belgian LNG terminal operator Fluxys will offer two regasification slots in March 2024 at its LNG import facility at the Port of Zeebrugge.

Fluxys LNG, a division of Fuxys, said in a statement that it will offer standard slots for cargo unloading, storage and regasification at the Zeebrugge LNG terminal from March 25 and March 30, 2024. Ta.

For these cargoes, Flaxis LNG has commercialized firm rights to unload, store and regasify up to 140,000 cbm of LNG over a 10-day period, the company said.

The company announced that it will hold an auction for these slots on its website on January 17th.

The starting price is also the slot’s regulated fee of 609,477,99 euros, Flaxys said, adding that the major price step is 200,000 euros and the minor price step is 50,000 euros.

In addition to this, Flaxys is testing market interest in importing “low carbon” gases such as bio-LNG and hydrogen/ammonia via its Zeebrugge LNG import facility.

The move is part of Flaxi’s plans to “rebuild and expand the Zeebrugge LNG terminal into a multi-molecule hub for importing low-carbon and climate-neutral molecules as well,” the company said.

The Zeebrugge terminal currently consists of five tanks with a storage capacity of 566,000 cbm and a regasification capacity of approximately 6.6 mtpa.

However, Flaxys is expanding its facilities to nearly double its regasification capacity.

Flaxys previously said it aims to deliver an additional 4.7 mtpa of regasification capacity at its Zeebrugge LNG facility in early 2024, and a full 6 mtpa of regasification capacity in early 2026.

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