Fluxys Belgium, the operator of the national gas grid and the LNG terminal at Zeebrugge, reported increases in annual revenues and net profits as LNG shipping and truck-loading activities rose to record levels even amid the challenges of the Covid-19 pandemic.

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Fluxys Belgium said first-half net profits increased in a market little affected by the impacts of the Covid-19 pandemic as the Zeebrugge LNG import terminal experienced record traffic and there was keen interest for additional send-out capacity.

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Fluxys Belgium reported record activity levels at the Zeebrugge liquefied natural gas import terminal in its first-half earnings for its regulated business and pointed out that the recent signing of a new capacity agreement with Qatar guarantees long-term stability in LNG carrier traffic.

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