Press release
DF will carry out the extension to a Liquefied Natural Gas terminal in Belgium, one of the most important in Europe
The company will construct one of the largest storage tanks in the world at the port of Zeebrugge along with a boil-off recovery system, via its Oil & Gas line of business
Gijón, 1 April 2015. DF has signed a turnkey contract as primary consortium member via its Oil & Gas line of business (made up by Felguera IHI, S. A, and DF Oil & Gas, S. A.), with Fluxys LNG for the project to extend the liquefied natural gas (LNG) terminal at Zeebrugge (Belgium), one of the most important in Europe. The consortium led by DF competed with some of the world's leading companies in the sector.
The project has a total budget of 208 million euros, of which 150 million correspond to works to be carried out by DF via its subsidiaries. This is the most important project carried out to date by the Oil & Gas line of the Spanish group, in terms of cost and technical characteristics.
The extension of the Zeebrugge regasification plant, located at the port of the same name and near the Belgian city of Bruges, will comprise of two stages: the construction of an 180,000 m3 capacity LNG tank and a boil-off recovery system.
The tank to be installed at the terminal belonging to Fluxys LNG at the Belgian port will be one of the largest of its kind in the world. The total containment type tank will be semi-buried and will extend the storage capacity of the terminal which currently stands at 380,000 m3 due to the existing four tanks. The delivery schedule of the new tank is 44 months.
In addition, a boil-off recovery system will also be installed, to recirculate, cool down and recover natural gas vapours that are generally lost due to evaporation. In this case, the delivery schedule is 35 months.
This new contract strengthens DF's leadership in the field of fuel and LNG storage on an international level and adds to those the company is currently building in Peru, Colombia, Costa Rica, Panama, South Africa, Nigeria, Algeria and Saudi Arabia.