Tags: ML | Qatar | France | Gas

Qatar's RasGas Reaches Gas Supply Deal with France's EDF

Wednesday, 29 June 2016 12:48 PM

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.

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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...
ML,Qatar,France,Gas
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2016-48-29
Wednesday, 29 June 2016 12:48 PM
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