Elengy’s Montoir-de-Bretagne terminal is now fully booked between 2023 and 2035, with only few capacities remain available in 2021 and 2022.
In response to market signals for regasification capacity, Elengy conducted a commercial operation for the terminal, from July to November 2019. The Open Subscription Period (OSP) consisted of offering the not yet subscribed regasification capacity, i.e. more than 3.5 billion cubic meters (bcm) per year, for the period 2021 to 2035. The operation was endorsed by the French Energy Regulatory Commission (CRE).
“The result reflects the dynamism of the LNG market, as well as the appetite for regasification capacity in France, gateway to North-West Europe gas markets,” said Elengy. “Furthermore, it shows that gas has an important role to play in the energy transition in Europe in the coming years.”
In order to better meet clients expectations, Elengy and its subsidiary Fosmax LNG, owner of the Fos Cavaou LNG terminal near Marseille, are now willing to study the different development options for offering capacities at Fos Cavaou LNG terminal beyond 2030 and at Montoir-de-Bretagne beyond 2035. These two sites offer direct and attractive access to European markets, with their strategic position on the Mediterranean and Atlantic coasts. Their wide offerings also make them competitive LNG hubs: cargoes unloading, ship reloading, ship to ship transshipment, cooling-down, gassing-up, LNG bunkering, truck loading.
Commissioned in 1980, Montoir-de-Bretagne LNG terminal, part of Nantes-Saint-Nazaire Port, offers market players an efficient facility with 360,000 cbm of storage capacity and two berths, capable of accommodating LNG tankers up to 267,000 cbm (Q-Max).
Elengy has significantly invested in recent years to transform and modernise this infrastructure. Montoir-de-Bretagne LNG terminal is the leader in Europe for LNG transshipment operations, a service implemented in April 2018.
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