Qatar Terminal Limited (QTL), a subsidiary of Qatar Petroleum (QP), has signed an agreement with Fluxys Belgium, an independent natural gas transport company, for liquefied natural gas (LNG) unloading services at the Zeebrugge LNG Terminal, according to a company statement.
A current agreement already grants QTL 50% of the terminal’s capacity for the delivery of Qatari LNG into Belgium, however, under the new agreement, QTL will have the full capacity at the terminal from the expiry of the existing contracts and up to 2044.
The agreement was signed by Saad Al-Kaabi, Qatar’s Minister of State for Energy Affairs and CEO of Qatar Petroleum, and Pascal De Buck, Fluxys Chairman, in the presence of Marie Christine Marghem, Belgium’s Federal Minister of Energy, Environment, and Sustainable Development.
The Zeebrugge LNG Terminal is a central crossroads for Europe’s northwestern gas network. It currently has an LNG storage capacity of 380,000 cubic meters and an annual capacity of 9 billion cubic meters. Beside four existing tanks, a fifth storage tank with a 180,000-cubic-meter capacity is under construction.