Fluxys LNG ready to implement the 14th EU sanctions package

On November 24, 2024By Pranco

On June 24, the Council of the European Union adopted a fourteenth sanctions package against Russia. Fluxys LNG, the terminal operator in Zeebrugge, 100% subsidiary of the listed Fluxys Belgium, has adapted its operating rules to be fully compliant with the adopted sanctions that will apply to existing contracts from March 26, 2025.
Currently, these existing contracts will be continued in full compliance with the sanctions, without any negative impact on Fluxys Belgium’s financial performance.

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About Fluxys Belgium

Fluxys Belgium is a Euronext-listed subsidiary of infrastructure group Fluxys, headquartered in Belgium. With 900 employees, the company operates 4,000 kilometers of pipeline, a liquefied natural gas terminal with a total annual regasification capacity of 174 TWh and an underground storage facility.

Fluxys LNG, a 100% subsidiary of Fluxys Belgium, is the regulated operator of the LNG terminal in Zeebrugge.

As a goal-oriented company, Fluxys Belgium contributes to a better society together with its stakeholders by shaping a bright energy future. Building on the unique assets of its infrastructure and its commercial and technical expertise, Fluxys Belgium is committed to the transport of hydrogen, biomethane or any other carbon-neutral energy carrier, as well as CO₂which allows the recording, use and storage of the latter.