ENTSOG South-North Corridor GRIP 2017 - Main Report

8.1.1.3 Investment Plan Fluxys Belgium: The Program in a Nutshell Every year, Fluxys Belgium updates its ten-year indicative investment program for its three core activities, namely natural gas transmission and storage, and LNG termi- nalling. The four main pillars of the program are constituted by: \\ investments triggered by commercial initiatives and external cooperation \\ investments required to cover anticipated trends in peak demand in Belgium \\ investments aiming to guarantee the integrity of the natural gas transmission infrastructure and ensure that said infrastructure is in good condition \\ investments in equipment, ICT applications and buildings The indicative investment plan for the period 2017–2026 shows that beyond the significant ongoing and future development of the LNG infrastructure in the Zeebrugge area, the transmission capacity of the Fluxys Belgium network is considered sufficient to meet market demand with regard to domestic and border-to-border activities. Major investments sanctioned over the past four years made it possible to develop a Belgian network of an adequate size with considerable entry capacities, bidirectional flows without congestion and optimum connections with other gas networks in North-West Europe. The drop in future investments is therefore a logical development. While investments are still anticipated in the short term to support the development of certain public distribution networks and to make the modifications needed to convert L-gas networks, a significant part of the indicative investment plan 2017–2026 is therefore devoted to the maintenance, modification and modernisation of the network. The Zeebrugge LNG terminal serves as a gateway to supply LNG into Northwestern Europe. Any LNG unloaded at the terminal can be redelivered for consumption on the Belgian market, or traded on the Zeebrugge Hub for onward transmission to supply other end consumer markets in any direction such as, the United Kingdom, the Netherlands, Germany, Luxembourg, France and Southern Europe. Almost 40% of investments planned in Belgium over the next decade are linked to the two projects aiming to further develop the Zeebrugge LNG terminal, that is the construc- tion of a fifth storage tank and a third jetty. Yamal LNG (LNG-F-229) In March 2015 Fluxys LNG concluded a 20-year contract with Yamal Trade for the transshipment of up to 8 million tonnes of LNG per year (approx. 11bcm of natural gas). The transshipment services will form a key link in the logistics chain from Russia’s Yamal peninsula to supply Asian markets, among others, year-round. This agreement will promote LNG activity in Zeebrugge in the long term and will also sig- nificantly bolster traffic at the port. 8.1.1.4 Zeebrugge LNG Terminal: The LNG Gateway into Northwestern Europe

SABETTA

Summer route

Winter route

ZEEBRUGGE

LNG Market

South America

Figure 8.2: Yamal LNG project in Zeebrugge (Source: Fluxys)

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