Elengy signs commercial deals on French LNG storage
French LNG company Elengy said on January 27 it had signed the first commercial agreements on storing LNG at a planned facility in Reichstett in northeast France.
The LNG terminal operator signed a memorandum on developing the storage facility with French storage specialist Rubis in 2019. The project will help cover retail demand for LNG in the industrial and transport sectors in west-central Europe, Elengy said. Its location is ideal for providing LNG access across southeast France, south Germany and neighbouring areas, the company said.
The storage terminal will be supplied by LNG via rail from Elengy's Fos sur Mer import terminal.