Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Bruxelles  >  Fluxys SA    DIST   BE0003803203

SummaryNewsCalendarCompanyFinancialsRevisions 
News SummaryMost relevantAll newsSector newsTweets 

FLUXYS CAT.D : Alliance of European TSOs to push European Capacity Platform

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/18/2012 | 02:52pm CET

2012-04-18

Amsterdam - Sixteen major European Transmission System Operators (TSOs) have taken the initiative to bundle their efforts and wide experience in the field of capacity booking platforms to move towards a joint European capacity platform. The alliance is formed by network operators from Belgium, Denmark, France, Germany and the Netherlands. At the FLAME conference high-ranking representatives of the initiative today signed a Memorandum of Understanding defining the shape of this new capacity platform to meet future European Market rules. These are described in the Capacity Allocation Mechanism Network Code (CAM NC) which is currently being finalized at EU level.



Ulrich Ronnacker (Open Grid Europe GmbH), Johnny Thomas Holst (Energinet.dk), Annie Krist (Gas Transport Services B.V.), Pierre-Laurant Lucille (GRTgaz S.A.), Paul Tummers (Fluxys SA)

"Our alliance to deliver a joint capacity platform is a major step towards an integrated European gas market as intended by the European Third Energy Package", the participating TSOs announced today. "The new initiative links gas markets in five different countries in the core of Europe. Thus, it opens new possibilities for cross-border gas transport to shippers, who will be able to book capacities at European network points through one single tool."

Günther Oettinger, European Commissioner for Energy: "This is a very promising step towards a single European internal gas market. The auctioning of bundled capacity is a key aspect of the network code, and I am pleased to see TSOs committed to making this work".

The aim is to make the platform operational by April 2013. It will be able to handle different capacity products, offer auction mechanisms and serve different TSO backend systems. The platform will also have a secondary market function.

The initiative bundles the existing platform activities of all participating TSOs. Their comprehensive know-how covers the operation of four existing platforms in Europe: Capsquare, Eucabo, Link4Hubs as well as TRAC-X.

The partners of the joint capacity platform are:

Press contact

Rudy Van Beurden
Tel.: +32 2 282 72 30
Fax: +32 2 282 79 43
E-mail: rudy.vanbeurden@fluxys.com



distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FLUXYS SA
01/11 FLUXYS BELGIUM : - Second jetty commissioned at Zeebrugge LNG terminal
01/10 Second jetty commissioned at Zeebrugge LNG terminal
01/06 FLUXYS BELGIUM : Monitoring and control services
2016 FLUXYS BELGIUM : invests in innovative gas technology and acquires a stake in bo..
2016 FLUXYS BELGIUM : RasGas’ Milaha Qatar successfully unloaded at the second ..
2016 FLUXYS BELGIUM : New laboratory in use
2016 LNG TRUCK LOADING SERVICES : subscription window from 26 October to 23 November
2016 FLUXYS BELGIUM : Results for the first half of 2016
2016 FLUXYS BELGIUM PRESS RELEASE - REGUL : Results for the first half of 2016
2016 FLUXYS BELGIUM PRESS RELEASE - REGUL : Results for the first half of 2016
More news
Sector news : Oil & Gas Transportation Services - NEC
01/20 U.S. exports fill Asia's LNG demand gap as market tightens
01/19DJKINDER MORGAN : Turns a Profit -- WSJ
01/18DJKINDER MORGAN : Swings to Profit Though Top Line Declines
01/16DJPower Assets to Decide Whether to Pay Special Dividend on January 26
01/15DJDuet Agrees to $5.48 Billion Offer from Cheung Kong Infrastructure
More sector news : Oil & Gas Transportation Services - NEC
Advertisement
Financials (€)
Sales 2016 492 M
EBIT 2016 115 M
Net income 2016 -
Debt 2016 1 426 M
Yield 2016 3,66%
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 3,52x
EV / Sales 2017 3,34x
Capitalization 305 M
More Financials
Income Statement Evolution
More Financials
Consensus 
Mean consensus HOLD
Number of Analysts 1
Average target price 26,0 €
Spread / Average Target 0,06%
Consensus details
Managers
NameTitle
Pascal de Buck Chief Executive Officer
Daniël Termont Chairman
Paul Tummers Chief Financial Officer
Peter Verhaeghe Chief Technical Officer
Luc Hujoel Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FLUXYS SA326
ENTERPRISE PRODUCTS PA..2.33%58 223
KINDER MORGAN INC8.50%50 161
TRANSCANADA CORPORATIO..1.78%40 173
ENBRIDGE INC-0.44%40 022
WILLIAMS COMPANIES INC-8.64%23 216
More Results