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First transshipment of GDF Suez LNG cargo

 

LNG Industry,

GDF Suez has announced the transshipment of an LNG cargo at the Montoir-de-Bretagne LNG terminal of Elengy.

From Norway to Asia

The LNG originated at the Snøhvit liquefaction plant in Norway, and was shipped to Montoir-de-Bretagne where it was then transshipped to a second LNG tanker that will deliver the cargo to its Asian customer.

The two vessels used in the transshipment were under short and medium-term charters from NYK, the ship owner and a partner of GDF Suez.

Transshipment services

The contract for this transshipment services has allowed GDF Suez to optimise the management of its shipping capacity by chartering one vessel, the Grace Dahlia, on a short-term basis for the first leg of the route, while using the Grace Barleria, a medium-term charter vessel, for the second leg.

The transshipment possibilities offered by Elengy provide new flexibility to shippers, including the option to split large cargos into several smaller shipments or to change ships at mid-route between producer and consumer.

Adapted from press release by Katie Woodward

 

GDF reinforces presence in Asia Pacific region

Gérard Mestrallet, Chairman and CEO of GDF SUEZ signed two agreements with China Investment Corporation (CIC) and China National Offshore Oil Corporation (CNOOC) illustrating the development strategy of GDF SUEZ in China and in the Asia-Pacific region.