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Fluxys Belgium turnover drops

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LNG Industry,

Fluxys has announced that the turnover generated by its Fluxys Belgium Group has fallen 3.86% to €123.3 million at the end of March 2015, compared with €128.2 million in the corresponding period of last year.

At the end of 1Q15, investment expenditure totalled €36.1 million. This included the construction of a second jetty for loading and unloading LNG carriers at the Zeebrugge terminal. From 2016, this jetty will be able to receive LNG carriers with a capacity of between 2000 and 217 000 m³. These carriers include LNG bunkering vessels that load LNG to supply other vessels running on LNG or small scale LNG bunkering terminals in other ports.

A statement from the company added that the current financial markets do not allow for accurate projections regarding changes to interest rates and the return on regulated activities.

Edited from press release by

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