Elengy and Rubis Terminal have signed a memorandum of understanding (MOU) to launch preliminary studies for the development of an LNG storage facility at the Reichstett (Bas-Rhin) storage terminal. The project is targeting the retail LNG needs of west-central Europe for the industrial and transport sectors.
This cooperation contributes to accelerating the energy transition of the transport sector by bringing the LNG supply closer to the clients.
The planned site will be able to handle volume of 85 000 tpy of LNG. Its strategic location will guarantee a competitive price to a vast area, including eastern France, Austria, southern Germany, and Switzerland.
The satellite storage will be supplied by rail from one of Elengy's terminals (Fos Tonkin or Montoir-de-Bretagne). Customers will then have their LNG delivered by trucks charged directly on the site.
The facility will foster the connectivity between retail LNG infrastructures in Europe and contribute to secure LNG supply for the industrial and transport sectors. Commissioning is scheduled for 2022.
Sandra Roche-Vu Quang, CEO of Elengy, said: "The cooperation with Rubis Terminal is in line with Elengy's strategy to boost the development of […] LNG as 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."
"The development of LNG projects is part of Rubis Terminal's approach to adapt its services and infrastructure to the changing energy demand", explains Bruno Hayem, CEO of Rubis Terminal.
Image courtesy of Rubis Terminal.
Read the article online at: https://www.tanksterminals.com/storage-tanks/25112019/elengy-and-rubis-terminal-to-create-lng-satellite-storage-station/