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    France's Fos Cavaou LNG terminal launches open season

Summary

The company said it was responding to a high level of market interest in recent months.

by: Joe Murphy

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Natural Gas & LNG News, Europe, Liquefied Natural Gas (LNG), Corporate, Import/Export, News By Country, France

France's Fos Cavaou LNG terminal launches open season

French LNG terminal operator Elengy has launched an open season for its 8.5bn m3/year regasification facility in Fos Cavaou near Marseille, the company reported on March 23, noting it was responding to "a high level of market interest expressed over the past few months."

Elengy aims to make additional primary capacity available through technical and regulatory debottlenecking, it said, as well as capacity extension beyond 2030. It is offering 1bn m3/yr of regasification capacity from January 2022, 2.5bn m3/yr from January 2024 and 4.5bn m3/yr from April 2030 until 2045 or later.

The non-binding phase of the open season will run for two months, while the binding phase will run for two weeks sometime in the second half of the year. 

Fos Cavaou  is one of three LNG terminals operated by Elengy. The other two are in Fos Tonkin and Montoir-de-Bretagne. An open season was concluded at the Montoir-de-Bretagne facility in February 2020, with Qatar Petroleum booking nearly 4bn m3/yr.