Belgium: Fluxys and Statoil to Explore Cooperation in Natural Gas Storage

Fluxys and Statoil will examine the options for Statoil to book long-term storage capacity at Fluxys’ underground storage site in Loenhout. The two companies have signed a Memorandum of Understanding to that effect during the current Belgian trade mission in Norway. The Belgian and Norwegian governments both support the project. Over 1/3 of the natural gas consumed in Belgium is sourced from the Norwegian continental shelf.
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Source: LNG World News