France’s Elengy inks Reichstett LNG storage deals

French LNG firm Elengy said it has signed the first commercial agreements for the Reichstett LNG storage in eastern France, near the border with Germany.

Elengy and Rubis Terminal signed a memorandum of understanding in November 2019 to launch preliminary studies for the development of the LNG storage facility with a capacity of 85,000 tonnes.

US infrastructure investor I Squared Capital and French fuel distributor and storage firm Rubis jointly own Rubis Terminal.

Elengy and the JV said in the initial announcement they had planned to commission the LNG storage in 2022.

In a statement released last week, the operator of three French LNG import terminals revealed the signing of the first commercial deals for the facility.

“These agreements are the result of the ongoing commercialization program initiated last quarter of 2021 and demonstrate the market’s interest for the project,” Elengy said.

According to the company, the partners would load trucks at Rubis Terminal’s site in Reichstett at a “competitive price” and under “optimum conditions of flexibility and security.”

The facility would facilitate access to LNG in eastern France, southern Germany but also neighboring regions isolated from the main LNG supply points, it said.

In addition, the facility will be able to provide a service to collect and stock any bio-LNG produced locally to ensure better delivery to end customers.

Elengy plans to supply the fuel to the storage via rail from its Fos Tonkin and Fos Cavaou LNG terminals on the Mediterranean coast.

Last year, Elengy completed its first loading of an ISO container for rail delivery at the Fos Cavaou terminal near the southern city of Marseille.

Most Popular

Chevron inks 10-year LNG supply deal with Singapore’s Sembcorp

The sales and purchase agreement was signed between Sembcorp Fuels and Chevron U.S.A. Inc. (Singapore Branch). Under the SPA, Sembcorp...

Alaska backs construction of LNG pipeline

AGDC said in a statement that the Alaska Industrial Development and Export Authority (AIDEA) has approved a resolution to...

Woodside, Bechtel seal revised EPC deal for Louisiana LNG project

Woodside said on Thursday the lump sum turnkey deal is for the three-train 16.5 million tonnes per annum foundation...

More News Like This

Wilhelmshaven LNG jetty ready to welcome Excelerate’s FSRU

Dutch marine contractor Van Oord announced on Monday it had completed the new jetty for its client, state-owned LNG...

Elengy says to resume Montoir LNG ops on Wednesday

A spokeswoman for Elengy told LNG Prime late on Monday that the LNG terminal in Montoir "underwent an important...

France’s Elengy expects to resume Montoir LNG sendout on August 5

French LNG terminal operator Elengy, a unit of Engie’s GRTgaz, now expects to resume sendout at its Montoir-de-Bretagne facility...

France’s Elengy in Fos Tonkin ammonia move

French LNG terminal operator Elengy, a unit of Engie’s GRTgaz, plans to invest more than 100 million euros ($108...