Fluxys is a Belgium-based company, mainly acting as a
natural gas
Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbon d ...
transmission system operator. In 2004, it employed around 850 people and its infrastructure comprised about of
pipelines and a terminal in
Zeebrugge
Zeebrugge (, from: ''Brugge aan zee'' meaning "Bruges at Sea", french: Zeebruges) is a village on the coast of Belgium and a subdivision of Bruges, for which it is the modern port. Zeebrugge serves as both the international port of Bruges-Zee ...
, Belgium. The company is listed on
Euronext Brussels market.
History
The company was created in 2001 from the breakup of
Distrigas into two entities (the other entity has kept the name Distrigas).
Suez
Suez ( ar, السويس '; ) is a seaport city (population of about 750,000 ) in north-eastern Egypt, located on the north coast of the Gulf of Suez (a branch of the Red Sea), near the southern terminus of the Suez Canal, having the same bou ...
held as much as 57.25% of Fluxys shares prior to its 2008 merger with Gaz de France to form GDF Suez (now
Engie), but was obligated to reduce its stake to satisfy the concerns of the
European Commissioner for Competition. Engie still retains 44.75% of Fluxys as of July 2008.
As of 7 April 2014, when ice precludes the
LNG shipments from
Yamal LNG at
Sabetta along the
Northern Sea Route
The Northern Sea Route (NSR) (russian: Се́верный морско́й путь, ''Severnyy morskoy put'', shortened to Севморпуть, ''Sevmorput'') is a shipping route officially defined by Russian legislation as lying east of N ...
, the Fluxys terminal at Zeebrugge will serve Russia as its LNG port for the Asia-Pacific region.
See also
*
2004 explosions in Ghislenghien
References
External links
*{{official website, www.fluxys.com
Oil and gas companies of Belgium
Companies based in Brussels
Natural gas pipeline companies
Companies in the BEL Mid Index
Engie