Elengy and its subsidiary Fosmax LNG say they are now ready to look at longer term capacity development at the Fos Cavaou and Montoir-de-Bretagne terminals, citing their competitiveness as LNG hubs for operations such as ship-to-ship transhipment and LNG bunkering.
The disclosure that Elengy is to consider capacity development options at Fos Cavaou LNG terminal beyond 2030 and Montoir-de-Bretagne terminal beyond 2035 was made in a statement announcing that capacity at the Montoir-de-Bretagne facility is now fully booked between 2023 and 2035, with only small capacities still available in 2021 and 2022.
This, says Elengy, ‘reflects the dynamism of the LNG market as well as the appetite for regasification capacity in France, gateway to North-West Europe gas markets.
‘Furthermore, it shows that gas has an important role to play in the energy transition in Europe in the coming years.’
Commenting on the development potential at the two terminals, the company highlighted that: ‘These two sites offer direct and attractive access to European markets, with their strategic position on the Mediterranean and Atlantic coasts.
Their wide offer also makes them competitive LNG hubs [for] cargo unloading, ship reloading, ship to ship transshipment, cooling-down, gassing-up, LNG bunkering, and truck loading.’