Fluxys Belgium: Operating revenues of €343M in first half, focus on hydrogen
Fluxys Belgium, manager of the natural gas transport network in Belgium and the Loenhout underground storage facility, published its first-half results on September 28, 2026. Beyond the increase in operating revenues, the publication highlights progress in new infrastructure dedicated to hydrogen and CO2, as gas transit volumes remain sustained.
Operating revenues up €13.7 million year-on-year
Operating revenues for the first half of 2026 stood at €343 million, compared to €329.3 million for the same period in 2025. This variation represents an increase of €13.7 million. The press release also published EBITDA of €174.183 million, EBIT of €84.609 million and net income of €46.784 million for the half-year. For reference, during the annual results published on March 31, 2026, Fluxys Belgium reported operating revenues of €650.453 million for the 2025 financial year, EBIT of €133.916 million and net income of €74.897 million.
High transit volumes and stable Belgian consumption despite a decline in LNG supply
On natural gas, the group indicates that transit volumes remained high during the first part of the year, while gas consumption on the Belgian market remained stable. Since May, LNG supply has been declining. Gas-fired power plants are absorbing larger fluctuations in electricity production, and the Loenhout storage facility is filling more slowly. The group also reports continued growth in biomethane, a high level of bio-LNG and new structural measures reducing methane emissions. The first connection of green hydrogen production is expected by the end of the year.
Hydrogen and CO2: first part of network available and new cross-border agreements
On hydrogen, the first part of the Belgian network is now available to the market, and new steps have been taken toward cross-border infrastructure. On CO2, Fluxys c-grid and OGE have joined forces to launch Ruhbens, and the first phase of the CO2 network in the port of Antwerp is taking shape. Belgium and Norway are strengthening their cooperation around CO2 storage, and a bilateral agreement between Belgium and the United Kingdom opens new storage routes for CO2.
