Regulatory Filings • Nov 26, 2009
Regulatory Filings
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GDF SUEZ loaded its first liquefied natural gas (LNG) cargo from the Yemen LNG liquefaction plant located at Balhaf on the eastern coast of Yemen. This delivery ensues from the agreement signed in 2005 between GDF SUEZ and Yemen LNG for the purchase, over a period of 20 years, of 2.55 million tons of LNG per year, which accounts for approximately 40% of the total liquefaction output of Yemen LNG.
This long-term contract reinforces GDF SUEZ' supply portfolio diversification and security, along with LNG coming from Algeria, Egypt, Nigeria, Norway and Trinidad and Tobago.
This new source of LNG will enable GDF SUEZ to serve US, European and Asia-Pacific markets, thanks to its strategic location, East of Suez Canal. A significant part of these volumes will be sent to GDF SUEZ' regasification terminal of Everett in Boston, USA while the other part will offer the Group new opportunities to expand its LNG business, including in Asian and emerging markets.
The LNG volumes purchased from Yemen LNG will be shipped in the Group's own fleet of LNG carriers. This first cargo was loaded aboard the Maran Gas Coronis, a 145,700 cubic meter LNG carrier, which is currently heading towards Isle of Grain regasification terminal, UK where GDF SUEZ holds 25% of the regasification capacity.
One of the leading energy providers in the world, GDF SUEZ is active across the entire energy value chain, in electricity and natural gas, upstream to downstream. It develops its businesses (energy, energy services and environment) around a responsible-growth model to take up the great challenges: responding to energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. GDF SUEZ relies on diversified supply sources as well as flexible and high-performance power generation in order to provide innovative energy solutions to individuals, cities and businesses. The Group employs 200,000 people worldwide and achieved revenues of €83.1 billion in 2008. GDF SUEZ is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and ASPI Eurozone.
Tel France: +33 (0)1 57 04 24 35 Tel Belgium: +32 2 510 76 70 E-Mail: [email protected] Investor Relations contact:
Tel: +33 (0)1 57 04 66 29 E-Mail: [email protected]
GDF SUEZ CORPORATE HEADQUARTERS 22, rue du Docteur Lancereaux - 75392 Paris Cedex 08 - France Tel. +33 (0)1 57 04 00 00 GDF SUEZ - SA AU CAPITAL 2,259,627,708 EUROS - RCS PARIS 542 107 651 www.gdfsuez.com
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