Elengy signs commercial deals on French LNG storage
French LNG company Elengy said on January 27 it had signed the first commercial agreements on storing LNG at a planned facility in Reichstett in northeast France.
The LNG terminal operator signed a memorandum on developing the storage facility with French storage specialist Rubis in 2019. The project will help cover retail demand for LNG in the industrial and transport sectors in west-central Europe, Elengy said. Its location is ideal for providing LNG access across southeast France, south Germany and neighbouring areas, the company said.
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The storage terminal will be supplied by LNG via rail from Elengy's Fos sur Mer import terminal.