Baku, Azerbaijan, Sept.3
By Leman Zeynalova – Trend:
Qatar Petroleum subsidiary Qatar Terminal Limited (QTL) and Fluxys Belgium subsidiary Fluxys LNG have signed a long-term LNG Services Agreement for the Zeebrugge LNG terminal, Trend reports citing Fluxys.
Under the agreement, QTL subscribes unloading slots at the facility from the expiry of the current long-term unloading contracts and up to 2044.
QTL is already a party to an existing agreement under which approximately 50 percent of the terminal’s capacity is utilized for delivery of Qatari LNG into Belgium under long-term LNG agreements.
The Zeebrugge LNG Terminal in Belgium was commissioned in 1987. It has since developed, together with the Zeebrugge area as a whole, into a central crossroads for North-West Europe's gas network.
Located at the point where a number of gas pipelines meet, the terminal plays a key role in Europe's natural gas supplies.
The terminal currently has 380,000 cubic meters of LNG storage capacity spread over 4 tanks and an annual throughput capacity of 9 billion cubic meters of natural gas. A fifth 180,000 cubic meters storage tank is currently under construction.
Fluxys is a fully independent gas infrastructure group headquartered in Belgium.
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