This long-term contract reinforces GDF Suez’s 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’s 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.
