Qatar's RasGas reaches gas supply deal with France's EDF

The Associated Press

 

DUBAI, United Arab Emirates (AP) — Qatari liquefied natural gas producer RasGas has reached a deal to supply France's EDF with up to 2 million tons of the fuel annually.

Government-backed RasGas said Wednesday it will begin delivering the LNG to a terminal in Dunkirk, France, starting next year.

Financial terms were not disclosed. RasGas already has three existing long-term LNG agreements with EDF subsidiaries in Italy and Belgium.

Qatar is the world's largest supplier of LNG, which is natural gas chilled until it becomes a liquid for transport aboard tanker ships.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs