As LNG imports into Europe are anticipated to stay extremely engaging for market gamers, Dunkerque LNG is organising a Call for Market Interest course of providing long-term regasification capability as from January 2021.
European LNG imports have witnessed a robust enhance in 2019 pushed a.o. by oversupply on the worldwide LNG market. As this provide configuration is predicted to persist within the coming years, market gamers have been expressing curiosity with Dunkerque LNG to subscribe on a long-term foundation regasification capability within the Northwest European market.
Thanks to its location and its technical traits, the Dunkirk LNG facility stands out as one of the engaging terminals in Europe. Considering the at present accessible capability at its terminal, Dunkerque LNG is organising a Call for Market Interest course of (“CMI 2020”) providing the distinctive alternative to ebook as from January 2021 as much as three.5 Bcma of regasification capability on a long-term foundation.
The qualification part of the Call for Market Interest course of has began on four February 2020 and can shut on 28 February 2020.
The Dunkerque LNG terminal could have an annual regasification capability of 13 billion m3 of gasoline, which is enough to fulfill roughly 20% of annual consumption in France and Belgium, making it the most important terminal of its variety in Continental Europe. It can be the one terminal to be linked on to 2 markets – France and Belgium – utilizing 2 separate pipelines.
Since commissioning, the terminal has been operated by Gaz-Opale, an organization 51% owned by Dunkerque LNG and 49% by the Belgian group of corporations Fluxys.
(Source and picture: Dunkerque LNG)

The put up DUNKERQUE LNG TO OFFER LONG-TERM REGASIFICATION CAPACITY appeared first on Energy Global News.

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