ENTSOG South-North Corridor GRIP 2017

South-North Corridor GRIP 2017 |

Figure 8.2:

Yamal LNG project in Zeebrugge (Source: Fluxys)

ZEEBRUGGE

Winter route

Summer route

South

America

SABETTA

LNG Market

8.1.1.3 Investment Plan Fluxys Belgium: The Program in a Nutshell

Every year, Fluxys Belgium updates its ten-year indicative investment program for its

three core activities, namely natural gas transmission and storage, and LNG termi-

nalling. The four main pillars of the program are constituted by:

investments triggered by commercial initiatives and external cooperation

investments required to cover anticipated trends in peak demand in Belgium

investments aiming to guarantee the integrity of the natural gas transmission

infrastructure and ensure that said infrastructure is in good condition

investments in equipment, ICT applications and buildings

The indicative investment plan for the period 2017–2026 shows that beyond the

significant ongoing and future development of the LNG infrastructure in the

Zeebrugge area, the transmission capacity of the Fluxys Belgium network is

considered sufficient to meet market demand with regard to domestic and

border-to-border activities. Major investments sanctioned over the past four years

made it possible to develop a Belgian network of an adequate size with considerable

entry capacities, bidirectional flows without congestion and optimum connections

with other gas networks in North-West Europe. The drop in future investments is

therefore a logical development.

While investments are still anticipated in the short term to support the development of

certain public distribution networks and to make the modifications needed to convert

L-gas networks, a significant part of the indicative investment plan 2017–2026 is

therefore devoted to the maintenance, modification and modernisation of the network.

8.1.1.4 Zeebrugge LNG Terminal: The LNG Gateway into

Northwestern Europe

The Zeebrugge LNG terminal serves as a gateway to supply LNG into Northwestern

Europe. Any LNG unloaded at the terminal can be redelivered for consumption on

the Belgian market, or traded on the Zeebrugge Hub for onward transmission to

supply other end consumer markets in any direction such as, the United Kingdom,

the Netherlands, Germany, Luxembourg, France and Southern Europe. Almost

40% of investments planned in Belgium over the next decade are linked to the two

projects aiming to further develop the Zeebrugge LNG terminal, that is the construc-

tion of a fifth storage tank and a third jetty.

Yamal LNG (LNG-F-229)

In March 2015 Fluxys LNG concluded a 20-year contract with Yamal Trade for the

transshipment of up to 8 million tonnes of LNG per year (approx. 11bcm of natural

gas). The transshipment services will form a key link in the logistics chain from

Russia’s Yamal peninsula to supply Asian markets, among others, year-round. This

agreement will promote LNG activity in Zeebrugge in the long term and will also sig-

nificantly bolster traffic at the port.