Commercial due diligence of Dunkerque LNG terminal in France
Context & Objectives

Emerton advised Fluxys on the  acquisition of a stake of the Dunkirk Liquefied Natural Gas (LNG) terminal located  in Northern France and serving both the French and the Belgian gas markets.

Outcome

The subscription and utilization scenarios of Dunkerque LNG terminal are deductedfrom the realized analyses.

This enabled Fluxys to make its decision and successfully acquire an additional stake in the LNG terminal.

Our approach

Step 1: Analysis the total gas future  import needs in the EU (piped gas + LNG)

-  Analysis of the EU gas demand  scenarios and assessment the uncertainties and the realization conditions of  each scenario

-  Analysis of the EU domestic gas  production scenarios

-  Deriving the total gas import  needs in EU

 

Step 2: Identification of the LNG share in  the European gas future imports

-  Analysis of the potential of the  various piped gas sources serving the EU market

- Analysis of the various LNG  sources and projects: operational, under-construction, probable an possible

 

Step 3: Analysis of NWE vs. European LNG  terminals attractiveness and utilization rates

 

Step 4: Assessment of Dunkerque LNG terminal  relative attractiveness among NWE LNG terminals

-  Assessment of key attractiveness  factors for LNG terminals

-  Analysis of each NWE LNG terminal  based on selected criteria

-  NWE terminals attractiveness  ranking

 

Our experts
Sébastien Zimmer
Managing Partner
Sebastien Plessis
Managing Partner
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