Elengy and Rubis Terminal have signed an MoU to launch preliminary studies for the development of an LNG storage facility at the Reichstett storage terminal.
The project is targeting the retail LNG needs of west-central Europe for the industrial and transport sectors.
The planned site will be able to handle an annual volume of 85,000 tonnes of LNG. Its strategic location will guarantee a competitive price to a vast area, including eastern France, Austria, southern Germany, and Switzerland.
The facility will be supplied by rail from one of Elengy's terminals (Fos Tonkin or Montoir-de-Bretagne), thus reducing road traffic. Customers will then have their LNG delivered by trucks charged directly on the site.
The facility will foster the connectivity between retail LNG infrastructure in Europe and will help secure LNG supply for the industrial and transport sectors. Commissioning is scheduled for 2022.
Elengy CEO Sandra Roche-Vu Quang says: 'The cooperation with Rubis Terminals is in line with Elengy's strategy to boost the development of the LNG as an alternative fuel by bringing the supply closer to the clients. Elengy is pursuing its industrial ambition to offer innovative energy transition services, particularly for road transport.'
Bruno Hatem, CEO of Rubis Terminal, adds: 'The development of LNG projects is part of Rubis Terminal's approach to adapt its services and infrastructure to the changing energy demand.'