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Fosmax LNG is now launching a call for capacity subscriptions at Fos Cavaou LNG terminal (“OSP Fos Cavaou 2020”).
The OSP Fos Cavaou 2020 is initiated in response to market signals collected in recent months, and provides additional capacity by technical debottlenecking.
It gives a unique opportunity to gain access to up to approx. 1 Bcm per year, from 1st January 2021 until 31st March 2030, which comprises 10 TWh per year of already available primary capacity plus an additional new capacity of 3 TWh per year. This will bring the total regasification capacity of Fos Cavaou LNG terminal to 8.5 Bcm/year or 100 TWh/year.
The OSP Fos Cavaou 2020 will consist of the two following phases:
- A non-binding call for interest, which is expected to last for two months, in order to precisely define the market needs;
- A binding Open Subscription Period, which is expected to last for two weeks, in order to perform a market test based on binding commitments of the parties.
Registration for OSP Fos Cavaou 2020 is now open. Shippers wishing to register are invited to complete and sign the Confidentiality Agreement in duplicate and return the two copies to Fosmax LNG :
Click here to view the Confidentiality Agreement of OSP Fos Cavaou 2020
Click here for further details on OSP Fos Cavaou 2020
Since the beginning of the Coronavirus - COVID 19 health crisis in France, Fosmax LNG, like its parent company Elengy, has strictly applied the instructions and prevention measures, in line with the changing situation and the directives issued by the French government.
In order to ensure the protection of its employees, the continuity of service at its facilities, and to provide the best possible support for its customers, Elengy has taken the following main measures in recent days :
- strictly limited access to site control rooms (operation staff);
- limitation of all contacts, including with key service providers.
- mandatory home-working for all tertiary teams (head office employees, site support or administrative functions) and some on-call staff.
These measures are part of the company’s Business Continuity Plan, a document that specifies how the company operates in the event of an epidemic leading to a reduction in the workforce or special constraints.
In this rapidly changing situation, the teams remain committed to continuing to ensure gas supplies in complete safety.
Elengy has just acquired Total’s shares in Fosmax LNG, the company that owns the liquefied natural gas (LNG) terminal at Fos Cavaou. Elengy now owns 100% of its three LNG terminals: Fos Cavaou, Fos Tonkin and Montoir-de-Bretagne. Until now Fosmax LNG was owned 72.5% by Elengy and 27.5% by Total Gaz Electricité Holding France (TGEHF).
The acquisition of the shares is financed mainly by an increase in Elengy’s capital reserved for the Société d’Infrastructures Gazières (SIG). The SIG now owns close to 18% of Elengy’s capital, with the balance being held by GRTgaz.
For Elengy, the European leader in LNG terminals, and for its shareholders, this acquisition reflects the ambition to increase the industrial development of its sites at Fos-sur-Mer: Fos Cavaou and Fos Tonkin, at a time when LNG enjoys a new boom to support ecological transition.
A pioneer in liquefied natural gas (LNG), Elengy is a GRTgaz subsidiary within the ENGIE Group. Leader in LNG terminal services in Europe, Elengy is serving all energy suppliers wishing to import liquefied natural gas to supply French and European markets. Elengy operates and develops three LNG terminals in France: Montoir-de-Bretagne on the Atlantic coast, Fos Cavaou and Fos Tonkin on the Mediterranean coast.Some key figures for 2019: 400 employees Regasification capacity: more than 20 bcm per year Unloaded Energy Quantity in 2019: more than 30% of the French consumption 250 LNG vessel calls
GRTgaz, owned by ENGIE (74,6% of the capital), SIG (24,8%) and FCPE ALTO (0,6%), is one of Europe’s leading natural gas transmission companies, and a global expert in gas networks and systems. GRTgaz owns and operates more than 32,500 km of buried pipelines and 26 compression stations to transport gas between suppliers and consumers (distributors or industrial companies directly connected to the transmission network). GRTgaz has 3,000 employees and performs public service tasks to guarantee a continuous gas supply, and provides current or future users with access services to its gas transmission network. As a player in the energy transition, GRTgaz invests in innovative solutions to adapt its network and balance competitiveness, security of supply, and preserving the environment.For more information, go to www.grtgaz.com
For more information: www.elengy.com @Elengy
Elengy and its subsidiary Fosmax LNG, owner of the Fos Cavaou LNG terminal, now offer a liquefied natural gas (LNG) tanker trucks loading service on the site. This station, with two loading bays, has been put into commercial service. The construction of the Fos Cavaou station was supported at 30% by European funding.
The ramp-up will be gradual, to reach 40 charging slots a day (a rate of 11 000 slots a year), in December 2019.
With the two bays of the Fos Tonkin terminal station, also operated by Elengy, the Fos LNG hub doubles its capacity to load tanker trucks to better respond the growing demand for retail LNG.
LNG serving the energy transition
In response to the strong demand for cleaner energy, the transport of LNG by tankers trucks or "road-transported LNG" makes it possible to supply industrial sites not connected to the natural gas transmission network as well as landfill LNG distribution sites and maritime. By substituting for diesel, oil or coal, natural gas and LNG contribute to a very significant reduction of environmental pollution: no sulfur emissions (SOx) and almost elimination of particulate emissions (PM), very strong reduction of nitrogen (NOx) and strong dropping of carbon dioxide (CO2) emissions.
Fos terminals: a dynamic and evolving LNG hub
With the two tanker trucks loading bays at Fos Tonkin, two bays at Fos Cavaou (and the possibility of additional extensions depending on customer needs), the Fos-sur-Mer LNG terminals are still developing a range of services responding as closely as possible to market developments.
Since September 2019, the terminal can also receive micro-tankers at its jetty. Completion of the wharf adaptation works was also 30% supported by European funding.
The bunker-vessels received at Fos Cavaou will offer LNG bunkering in the Port of Marseille-Fos and will also be able to deliver LNG to French and foreign Mediterranean ports.
A pioneer in liquefied natural gas (LNG), Elengy is a subsidiary of GRTgaz within the ENGIE Group.
Leader in LNG terminal services in Europe, Elengy is at the service of all energy suppliers wishing to import liquefied natural gas to supply French and European markets. Elengy operates and develops three LNG terminals in France: Montoir-de-Bretagne on the Atlantic coast; Fos Tonkin and Fos Cavaou on the Mediterranean coast.
Some benchmarks for 2019 :
Regasification capacity: 21.25 Gm3
LNG storage capacity: 770,000 m3
Quantity of energy received: more than 22% of French consumption
11 000 tanker trucks loadings/ year - 1/3 of the world fleet (240 different LNG carriers)
Fosmax LNG, owner of the Fos Cavaou LNG terminal, is a 70% subsidiary of Elengy alongside Total.
Press contact : Valérie Gentil, Head of Communications
In the current market trend in Europe, Elengy LNG terminals achieved emission record in March.
Fos Cavaou LNG terminal has established a historic performance in March: 7.5 TWh. This is the best result ever recorded by the terminal.
The Elengy LNG terminals delivered an amount of energy equivalent to the production of 25 nuclear units throughout the month.
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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