News - News
In a press release published on Tuesday, 20th November 2018, the Port of Marseille Fos announces that it has worked with the economic players in the LNG sector on the feasibility of an operational LNG fuelling solution in Marseille and Fos.
To support the sea transport industry in its efforts to combat climate change, Elengy and its subsidiary Fosmax LNG, owner of the Fos Cavaou LNG terminal, are adapting the terminal to offer a new LNG (*) bunker-vessel loading service.
As part of the energy transition and given the strong demand for cleaner energy, Elengy and its subsidiary Fosmax LNG, owner of the Fos Cavaou LNG terminal, have recently decided to build a liquefied natural gas (LNG) tanker loading station at the Fos Cavaou terminal.
Fosmax LNG pursues its project
Following a call for expressions of interest launched in February 2017, Fosmax LNG has received very positive market signals, confirming as such the need for a small scale reloading service available in 2019 at its Fos Cavaou LNG terminal.
A 50% price drop for short term subscription
The Deliberation of the French Energy Regulatory Commission of 18 January 2017, forming a decision on the tariffs for the use of regulated LNG terminals, has renewed the transitional measures until the creation a single gas market place in France. These measures were already in place in 2015 in view of the tensions observed on the gas market in the South (Trading Region South market place).
Fosmax LNG has organized between the 30th of January and the 27th of February the sale of the access capacities at the Fos Cavaou LNG terminal, corresponding to 0,825 bcm/year, for the period 1 April 2017 – 31 March 2030.
Small scale LNG vessel loading service
To contribute to maritime LNG development, Fosmax LNG is considering making short/medium-term investments to modify its existing facilities and to be able to receive the majority of existing or planned small scale LNG vessels at the Fos Cavaou LNG terminal.
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