Montoir-de-Bretagne LNG extends capacity subscription call
Published by Will Owen,
The call for capacity subscription currently ongoing at Montoir-de-Bretagne will enter its final binding phase in October 2019.
According to the terminal operator, Elengy, the call presents a unique opportunity to gain direct access to up to 3.5 billion m3/yr of firm and existing capacity from 1 October 2021 to 31 December 2035.
The company is confident that Montoir-de-Bretagne is technically and economically one of the most relevant LNG terminals to match the increasing LNG import needs in Europe.
To date, Elengy has already received a significant level of interest from the market. Hence, based on first commercial discussions, the company has decided to update the provisional commercial schedule as follows:
- New deadline for registration is 11 October 2019 at 16:00 Paris time.
- Deadline for qualification and binding submission has been pushed back to 5 November 2019.
This agenda is subject to the approval of the French Commission for Regulation of Energy, to be specified before the start of the binding period.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/12092019/montoir-de-bretagne-lng-extends-capacity-subscription-call/
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