Rasgas inks New LNG Deal with EDF

Posted by Joseph Keefe June 29, 2016

Qatar's RasGas said on Wednesday it signed a new agreement with French energy company EDF to deliver up to 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNGLF) (LNG) starting from next year.

Under the deal, Ras Laffan Liquefied Natural Gas Company 3 will deliver the LNG into EDF's new terminal in Dunkerque, France.

"This new agreement complements three existing long term sales and purchase agreements between RasGas ventures and EDF Group subsidiaries, for delivery of up to 4.6 Mtpa to Edison in Italy and up to 3.5 Mtpa to EDF Trading in Belgium," RasGas said in a statement.

Reporting by Rania El Gamal