BAKU, Azerbaijan, March 30. The Fluxys Belgium group generated turnover of €912.6 million in 2022, Trend reports via the company.
“This represents an increase of €339.4 million (59.2 percent) compared with 2021, when turnover stood at €573.2 million. The increase in regulated revenue is in line with tariff methodology and mainly stems from accounting for the exceptional solidarity contribution of €300 million,” reads the latest report released by Fluxys Belgium.
Consolidated net profit rose from €75.5 million in 2021 to €83.7 million in 2022, an increase of €8.2 million. The rise in net profit is in line with the tariff proposal, in accordance with the tariff methodology for 2020-2023, and is therefore not due to the increase in sold capacity or in energy prices.
Fluxys Belgium is an independent operator of the high-pressure natural gas transmission network, the natural gas storage infrastructure and the liquefied natural gas (LNG) terminal in Zeebrugge. It operates 12,000 km of pipeline for gas transmission across Europe and in Brazil. Fluxys Belgium manages liquefied natural gas terminals in Belgium, France, Greece and Chile, with a total yearly regasification capacity of 380 TWh. It stores natural gas at the underground gas storage facility in Loenhout, Belgium.
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