Fluxys Belgium (FLUX) Stock Overview

Fluxys Belgium SA, an infrastructure company, engages in transmission and storage of natural gas, as well as terminalling services for liquefied natural gas (LNG) in Belgium. It transmits natural gas to distribution system operators, power stations and industrial end-users in Belgium, as well as to send natural gas to border points for transmission to other end-user markets in Europe. The company also provides storage services, which enables customers to use buffer capacity flexibly through underground storage facilities of gas in Loenhout, Belgium; and engages in sale of standard bundled packages, composed of injection, storage and withdrawing capacity. In addition, it offers unloading and related services including storage and regasification, which transform the liquid gas into gas that can be injected in the grid; and transhipment services comprising Ship-To-Ship and Ship-Storage-Ship. Further, the company is involved in the reinsurance business. Fluxys Belgium SA was incorporated in 1929 and is based in Brussels, Belgium. Fluxys Belgium SA is a subsidiary of Fluxys SA.