Elengy
April 2012 has seen a new achievement for Montoir-de-Bretagne LNG terminal of ELENGY with the successful loading of a cargo in excess of 145 000 cbm of LNG. The LNG was transferred from the onshore tanks within a two-day port call, in line with the schedule.
The implementation of this new service demonstrates the ability of the Montoir-de-Bretagne LNG terminal to effectively match customers’ needs in a global LNG market.
This service offers extra flexibility to shippers for seizing arbitrage opportunities, from a terminal located on the Atlantic coast and connected to the North-West Europe gas markets.
Record diversity of vessels at Montoir-de-Bretagne LNG terminal
In April 2012, Montoir has reached an impressive milestone with the successful call of the Stena Clear Sky which is the 100th different LNG carrier to berth at the terminal since its start-up in 1980. This represents around 25% of the LNG carrier’s world-wide fleet.
Overall, 2 497 cargoes from 11 different countries (Abu Dhabi, Algeria, Australia, Egypt, Equatorial Guinea, Nigeria, Norway, Oman, Qatar, Trinidad & Tobago, Yemen) have been unloaded so far at Montoir-de-Bretagne.
Elengy offers a new commercial service dedicated to LNG tankers reloading operations at the Montoir-de-Bretagne LNG terminal, following French regulator’s decision (Deliberation of CRE dated January 19th, 2012).
This service, starting from February 1st, shall reinforce terminal’s competitiveness allowing shippers to benefit from additional flexibility and arbitrage opportunities.
The loading rate is around 4 500 m3GNL/h, which means that a reloading operation is performed in less than two days overall for a standard cargo.
The associated tariff comprises a fixed term of 240 000 EUR and a variable term of 0.16 EUR per MWh reloaded. This is only 400 000 EUR to load a 1 TWh cargo, which is equivalent to around 150 000 m3 of LNG.
Any shipper that has signed a standard access contract to the Montoir-de-Bretagne LNG terminal can apply to the ship reloading service. To be noted that the reloading service is fully independent from the unloading and regasification services.
Indeed, a shipper can either reload part of the LNG that he has delivered to the terminal beforehand, or load some LNG that has been transferred in tanks from another party.
This new commercial offer has been primarily discussed with the market players part of the “LNG Discussion Group”. In that framework, shippers had the opportunity to comment Elengy’s proposal.
A new contractual framework which is to set forth the terms and conditions under which the LNG terminal shall reload a vessel is now available: Appendix 7 - Ship Reloading Service.
In November 2011, Elengy has signed LNG terminal access contracts with its twentieth and twenty-first direct customers having a direct access to regasification capacities at the terminal *.
Elengy has then more than doubled its portfolio since the subsidiary was set up on the 31st of December 2008. Indeed, the 10th customer signed early 2009.
Offering access to all LNG importers for the French and broader European markets, Elengy has, among its customers, French and European major energy providers and industrials, LNG producers or trading companies.
It thus contributes to the security and competitiveness of LNG supplies to France and Europe in general.
In order to enhance the secondary market and ensure market transparency, Elengy publishes a "list of interested parties" (cf. secondary market webpage); formal acceptance by shippers is required to be on this list.
Another outline of Elengy’s strategy and accessibility of its terminals can be seen in the way trade has evolved at the Montoir-de-Bretagne LNG terminal.
In 2010, 40 different LNG carriers were involved in deliveries of 75 cargoes overall, including 10 Q-Flex cargoes. And, Montoir has received so far LNG from 11 different countries.
Just 12 years ago Montoir was receiving LNG cargoes from just one single source using only two different LNG carriers.
* Montoir-de-Bretagne + Fos Tonkin LNG terminals: STMFC's customers are not included in the figure. Elengy is the majority shareholders of STMFC (Société du Terminal Méthanier de Fos Cavaou) along with Total.
Elengy is ready to invest in LNG truck loading facilities at Montoir-de-Bretagne LNG terminal. Further details are provided in our presentation leaflet about this new service, please click here to consult it.
Elengy has launched on April 4, 2011 a consultation of the market on capacity at the Fos Tonkin LNG terminal (« 2011 Fos Tonkin Open Season ») as part of the continuation project of the terminal beyond 2014.
To this end, two different projects were proposed to shippers:
- The Horizon 2035 Project which includes the construction of a new LNG tank and operations of the terminal extended until 2035 with a capacity of 5.5 or 7 bcm/year.
- The Horizon 2020 Project which includes a targeted renovation of the terminal in order to extend its operations until 2020 with a capacity of 3 bcm/year.
In accordance with the allocation rules of the 2011 Fos Tonkin Open Season, the binding phase has ended on November 18, 2011 with the allocation of capacity leading to an Adjusted Horizon 2035 Project.
Investment decision for the construction of a new LNG tank will be confirmed later on, considering the negotiation clause offered to the subscribers as part of the allocation rules of the Open Season.
For further details on the 2011 Fos Tonkin Open Season, please click here.
So as to continuously provide services that best meet market needs and following CRE’s decision (Deliberation of March 15th, 2011 - French version) Elengy and STMFC jointly launched in May 2011 a consultation group with regard to conditions of access to French regulated LNG terminals.
Two bodies have been settled:
The LNG Consultation operates under the principles set out in the Charter Of The LNG Consultation On Conditions Of Access To Regulated French LNG Terminals, approved by the Steering Committee on June 29th, 2011. Conclusions of the Working Groups will be published on Elengy and STMFC’s websites.
Any company outside the Working Groups or the Steering Committee wishing to have an input can submit suggestion to the Consultation Group using the dedicated email address: concertation-gnl@elengy.com
For additional information, please click here.
Further to the external audit from DNV* held in June 2011 at the head office and at the LNG Terminals of Fos Tonkin (already level 6 of ISRS7©) and Fos Cavaou, Elengy’s LNG terminals have from now on the same high performance level in terms of safety of persons and goods, which shows the permanent and day-to-day mobilization of Elengy’s staff.
In September 2009, Montoir-de-Bretagne LNG terminal was the first industrial site in France (among the ten first sites worldwide) and the first LNG receiving terminal in the world to reach level 7 of ISRS7©.
This audit has also enabled Elengy to successfully renew certifications ISO 14001 v2004 et 9001 v2008 as regards to environment and quality management which also covers the commercial activity.
* DNV is an independent Norwegian foundation which aims at safeguarding life, property and the environment (www.dnv.com).
Replacing version 6, the rating system ISRS7© (International Safety Rating System) has been launched in 2005. Based on a scale from 1 to 10, it evaluates quality, health, safety and sustainability management of many industrial sites worldwide thanks to detailed and integrated audits.
Elengy is committed to promoting the development of LNG facilities in North West Europe. To this end, Elengy is planning to expand the capacity of Montoir-de-Bretagne LNG terminal.
In order to precisely assess the market needs for additional LNG import capacities, Elengy has decided to launch an open season procedure (“Montoir Open Season”).
In May 2010, Elengy organized a wide discussion to collect market players input on market appetite for Montoir development. The Montoir Open Season is launched in response to market signals, collected during this process, indicating a need for additional LNG import capacities.
For further details on the Montoir Open Season, click here.
Following a public debate held from September 6 to December 17 2010 by the National Commission for Public Debate (CNDP), Elengy has decided to pursue its studies into extending the operation of the Fos Tonkin LNG terminal past 2014, for 20 years, with a maximum natural gas send-out capacity of 7 billion m3/year.
Elengy will - at the same time and in a transparent and non-discriminatory way - continue its open season for regasification capacities at the Fos Tonkin terminal. The process will take place from April to November 2011.
For further details on the Fos Tonkin Open Season 2011, click here.
The new version of the appendix 3 to the contract providing access to ELENGY Terminals, "Ship related procedures", is now posted on our website (Please click here to consult the document).
We hereby inform you that our head office has moved to the following address:
ELENGY
Bâtiment Eole
11 avenue Michel Ricard
TSA 90100
92276 Bois Colombes cedex
The Fos Tonkin Open Season launched in September has been closed without allocating any capacity. The results of the binding phase have confirmed the interest of the market for regasification capacities significantly over 3 bcm/year over 20 years. Nevertheless, as for today, it has not been sufficient for an investment decision aiming at expanding the operation of the terminal beyond 2014.
On the short term, the Fos Tonkin LNG terminal has proven that it remains attractive, our customers having booked the whole terminal capacity until end of 2011, except for very few slots in 2010.
Considering the potential of Elengy’s industrial project at Fos Tonkin, Elengy is confident in the future of this terminal on the long term, and will analyse the results of this Open Season with market players so as to prepare a new consultation as soon as possible.
Elengy is considering several options in order to commercialize additional capacities at Montoir LNG Terminal and is willing to discuss with market players. For further information, please click here
The capacity release process at Montoir has been closed on 7th March 2010 with allocating 1 bcm/year capacity from October 2011 to December 2021.
Please look at ELENGY website to check capacities available for the primary market: http://www.elengy.com/en/commercial-services/capacities.html
or enquire sales@elengy.com
The new LNG Terminals Access Contract applicable from the 1st of January 2010 is now posted on our website (Please click here to consult the documents)
Commitments Formally Offered by GDFSuez, GRTgaz and Elengy in the framework of case COMP/B-1/39.316 Please click here to consult the document
Purpose of this meeting :
1. The new tariff applied from the 1st of January 2010 to 31st of December 2012
2. The proposed Terminal Sharing Agreement rules for "Continuous Service" shippers (Click here to consult the notice)
3. The capacity release Project in our Montoir LNG terminal (European Commission Notice, see JOCE of 9th of July 2009)
New updates on the Preliminary Information Memorandum and on the Allocation Rules regarding the Fos-Tonkin Open Season.http://www.elengy.com/en/projects/open-season-fos-tonkin.html
Further to the first shippers' meeting held on the 21st of October 2009 and dedicated to present the Fos-Tonkin Open Season project to the "Registered Subscribers", please be informed that the timetable of the consultation process has evolved so as to take into account the comments from the market.
Elengy is pleased to inform market stakeholders of its invitation to subscribe for capacity at the Fos-Tonkin terminal ("Fos-Tonkin Open Season"). We invit you to consult the Preliminary Information Memorandum and the Allocation Rules. These documents sets out the terms and conditions applicable to the Fos-Tonkin Open Season, thus completing the information memorandum posted by Elengy on its website on the 15th of September 2009. They specify in particular the qualification requirements for the Fos-Tonkin Open Season, the rules governing the allocation of the capacities ("Allocation Rules"), the main stages to be completed by interested parties and the Fos-Tonkin Open Season indicative timetable.This project represents a very attractive opportunity for stakeholders wishing to have long-term regasification capacity at their disposal and to gain access to the strategic market of the southern region with a major Operator and at a competitive rate.
Elengy informs market stakeholders of its intention to launch an invitation to subscribe for capacity at the Fos-Tonkin terminal ("Open Season Fos-Tonkin"). The purpose is to assess the interest among its current and potential customers for new regasification capacity.
The transparent and non-discriminatory consultation and subscription process, in accordance with the relevant rules of good practices and placed under the supervision of the regulator (CRE), will concern capacities that may reach 7 bcm/year and will take place until the end of February 2010, the planned closing date. These capacities will be made available as from 2015 for a period of 20 years, subject to the project’s economic and commercial feasibility and to the completion of the permitting process.
An Information Memorandum will be published as from late September 2009. That document will specify in particular the qualification requirements for the Open Season Fos-Tonkin and the terms and conditions envisaged for allocating the new proposed capacities.
This project represents a very attractive opportunity for stakeholders wishing to have long-term regasification capacity at their disposal, at a competitive rate, with a major Operator, while being strategically located on a large industrial area west of Marseille.
For further information, please refer to our invitation memorandum and the press release.
The Montoir-de-Bretagne LNG terminal received its first LNG cargo from Australia on Sunday 10th May. Although the recession is slowing LNG demand in Asia and is affecting prices, the European market is becoming competitive on the importation of Australian LNG, despite the distance of 20 000 km which separate the two countries.
Australian LNG should be adapted to the specifications of the European market by mixing with usual LNG cargo received in Montoir. This operation requires extreme skill as concerns the behaviour of gas, and the on-site operationnal teams must have real know-how so as to manage security and costs in the best conditions. Elengy’s expertise in this area is recognized and this means that shippers can benefit fully from commercial opportunities which are offered at international level.
The specific services list (2009 tariffs) and the update of the ship access approval procedure are posted on the Elengy's website:
* Laytime and Specific services: http://www.elengy.com/fileadmin/user_upload/pdf/Laytime_Specific_Services.pdf
* Ship access approval procedure: http://www.elengy.com/fileadmin/user_upload/pdf/SAP.pdf
In January 2009, Elengy has signed a LNG terminal access contract with its tenth direct customer *. This new contract shows the dynamism of the international LNG market, supported by the increase of the natural gas consumption, together with the expanding distances between consumer and producer regions, third-party access to receiving infrastructures and the growth of short term LNG trading.
Being attentive to shippers keen to import LNG so as to supply both the French market and European markets linked to the French transmission system, Elengy has, among its customers, French and European major energy providers, LNG producers or trading companies.
* STMFC's customers are not included in the figure. Elengy is the majority shareholders of STMFC (Société du Terminal Méthanier de Fos Cavaou) along with Total.
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