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US energy giant ConocoPhillips has signed a deal to book long-term capacity at the Fluxys-operated Zeebrugge LNG import terminal in Belgium.
ConocoPhillips revealed the signing of this strategic LNG agreement and another deal in a social media post on Tuesday.
The capacity booking at the terminal in Zeebrugge will allow ConocoPhillips to import and regasify 0.75 mtpa of LNG for delivery in Belgium and throughout Europe starting in April 2027, it said.
In June, Belgium’s Fluxys offered long-term capacity for 2027-2044 at its LNG import facility in the port of Zeebrugge.
In operation since 1987, the LNG terminal is located in the outer port of Zeebrugge and currently has five tanks with a capacity of 566,000 cbm.
Fluxys is expanding the facility and it already increased the terminal’s capacity by 4.7 mtpa to 11.3 mtpa by adding three new open rack vaporizers.
In addition, 1.3 mtpa of additional sendout capacity is expected to be available by early 2026.
Besides this capacity booking, ConocoPhillips signed a long-term LNG sales and purchase agreement to supply the Asian market.
ConocoPhillips said the agreement will begin in 2027, but it did not provide further information.
ConocoPhillips said in May it was looking to sign more LNG offtake deals and to secure additional regasification capacities, as it continues to expand its LNG portfolio.
Prior to this deal, ConocoPhillips secured 4.5 mtpa of regasification capacity in Europe.
ConocoPhillips booked 2.8 mtpa of capacity at the planned onshore LNG import terminal in Brunsbüttel, Germany, and 1.7 mtpa of regas capacity at the Gate terminal in the Netherlands.
Moreover, ConocoPhillips increased its stake in the Australia Pacific LNG export project back in 2022, and it purchased stakes in both QatarEnergy’s giant North Field East (NFE) project and the North Field South (NFS) project.
On the Gulf Coast, ConocoPhillips secured 5 mtpa of offtake from the first phase of Sempra Infrastructure’s Port Arthur LNG project in Texas, and it also took a 30 percent equity interest in the project.
Last year, ConocoPhillips also signed a deal with Mexico Pacific, the developer of the planned Saguaro Energia LNG export project, to buy 2.2 mtpa of LNG from the latter but this deal is pending FID.
It also has 0.2 mtpa of offtake for five years starting in 2025 from Sempra Infrastructure’s ECA Phase 1 in Mexico.
In total, the company’ offtake in North America is about 7.4 mtpa pending the FID at Saguaro Energia LNG.
The post ConocoPhillips books capacity at Zeebrugge LNG terminal in Belgium appeared first on Energy News Beat.
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