Fosmax LNG acts quickly and openly in the event of partial or total terminal shutdown
Under certain circumstances, Fosmax LNG may have no choice but to suspend – whether partially or fully – activity at the Fos Cavaou LNG terminal. These are circumstances where force majeure applies.
During such events, Fosmax LNG puts in place all the necessary measures to minimise the impact on its customers and to ensure that the site returns to normal operation as quickly as possible.
What arrangements are in place for unloading vessels where force majeure applies?
Where Force Majeure applies, Fosmax LNG implements the following procedure:
- shippers not present at the terminal during the event concerned are not impacted. Deliveries previously notified are honoured, as long as they are still confirmed by shippers;
- in order to reabsorb the queue of cargoes, a new send-out profile is provided to affected shippers as quickly as possible;
- new docking instructions are notified to shippers affected by the Force Majeure in respect of notices of arrival sequence.
Events occurring in the previous year
10/08/16: suspension of send-out by the terminal
The site electrical supply was shut down due to a fire in the industrial area.
> Send-out resumed at 6am on 11 August 2016.
17/10/16: 15% reduction in send-out
This reduction was due to a terminal shutdown.
6/12/17 - 7/12/17 : reduction in send-out
This reduction (from 6/12 21:00 till 7/12 21:00) is due to a strike on the terminal
14/12/17 : reduction in send-out
This reduction (from 9:30 till 17:00) is due to a strike on the terminal
06/03/18 - 08/03/18 : suspension of send-out by the terminal
Following modification of the monthly program by the shippers, the terminal stops its send-out from the 6th of March to the 9th of March at 6:00 am .
A dedicated user platform
In accordance with European regulation 1227/2011, market participants must publish any insider information they hold in an effective and timely manner.
To facilitate publication of this information, Fosmax LNG and Elengy provide the market with a dedicated open-access platform called REMIT.