RasGas has signed a long-term LNG supply agreement with EDF Trading for an annual contract quantity of up to 3.4 million tpy of LNG, equivalent to approximately 4.5 billion m3/yr of natural gas. It marks a further extension of a long-term relationship between RasGas and EDF Trading.
RasGas' Managing Director, Hamad Rashid Al Mohannadi said, "This agreement is a major achievement for RasGas and highlights a successful effort between RasGas and the EDF Group. It enables the continuation of deliveries of gas by RasGas to markets in northwest Europe.”
The LNG which will be sourced from RasGas' existing LNG production trains in Ras Laffan, Qatar and will be delivered ex-ship at the Zeebrugge LNG Terminal in Belgium.
John Rittenhouse, Chief Executive of EDF Trading said, “This agreement emphasises EDF Trading's leading role in the long-term gas market. We are pleased to be working alongside RasGas as LNG is and will continue to be an important source of supply for the EDF Group and our third party customers.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/01112011/rasgas_extends_lng_supply_agreement_with_edf/