Belgium’s Fluxys is offering long-term capacity for 2027-2044 at its LNG import facility in the port of Zeebrugge.
In operation since 1987, the LNG terminal is located in the outer port of Zeebrugge and currently has five tanks with a capacity of 566,000 cbm.
Fluxys is expanding the facility and it already increased the terminal’s capacity by 4.7 mtpa to 11.3 mtpa by adding three new open rack vaporizers.
In addition, 1.3 mtpa of additional sendout capacity is expected to be available by early 2026.
High interest
Fluxys LNG, a unit of Fluxys, ran a call for market interest between November 2023 and February 2024 to capture the feedback of market players regarding the LNG services of the Zeebrugge terminal and possible expansion plans based on the market demand.
“Many shippers expressed a serious interest in getting access to the Zeebrugge terminal and securing long-term regasification capacities,” according to the company.
In order to address such long-term demand, Fluxys has decided to convert its current short-term offering of additional slots into long-term capacities and consequently, increasing the nameplate long-term regasification capacity of the terminal from 110 to 134 slots per year as of April 2027.
Therefore, Fluxys proposed some modifications to the regulatory documents and conducted a market consultation in April 2024.
These amendments were approved by the regulator CREG on June 7, 2024, Fluxys said.
Fluxys announced that this additional long-term capacity for the period 2027-2044 will be offered to the market via a subscription window organized between June 10 and July 1.
The LNG services on offer are 2 lots of slots and each lot consists of 9 slots in 2027 available as of April 2027, and 12 slots per year as from 2028 until 2044.
A slot is a bundled product consisting of a berthing right, storage rights, and sendout rights, the company said.