RasGas delivers first LNG cargo to France
RasGas Company Limited (RasGas) has delivered its first liquefied natural gas (LNG) cargo to the Dunkerque LNG Regasification Terminal, France, proving once again that Qatar's LNG remains in high demand globally as countries seek to reduce emissions.
Qatar's liquified natrual gas (LNG) remains in high demand, with a first delivery to France.
Following a purchase agreement signed in June 2016, RasGas Company Limited (RasGas) has delivered its first liquefied natural gas (LNG) cargo to the Dunkerque LNG Regasification Terminal, France, QIB reported.
Under the Sales and Purchase Agreement signed between Ras Laffan Liquefied Natural Gas Company(3) (RL3) and EDF, the cargo was delivered to the EDF Group on 23 January, 2017.
Transported aboard RasGas’ LNG Tanker Murwab, the cargo was delivered following the successful commencement of commercial operations of the Dunkerque LNG Regasification Terminal on 1 January, 2017.
Hamad Mubarak Al Muhannadi, RasGas’ chief executive officer said: “RasGas is proud to commence delivery with this first LNG cargo under our SPA with EDF.”
He added: “This is another milestone for RasGas and the EDF Group, as well as for the relationship between Qatar and France for the safe, reliable and clean supply of LNG for France and Europe.”
For his side, Marc Benayoun, EDF group executive vice president with responsibility for Gas and Italy said that RasGas is a long term partner of the EDF Group and “we are delighted to step up our relationship following the successful commencement of commercial operations of the Dunkerque LNG Terminal”.
The executive added: “We are proud that one of the first commercial cargoes in Dunkerque is supplied by RasGas, our main historical partner for LNG.”
Under the terms of the SPA, RasGas will supply up to two million tonnes per annum (Mtpa) of Qatari LNG into Dunkerque, which complements the current long-term SPAs between RasGas ventures and EDF Group subsidiaries, Edison and EDF Trading.
The facility has an annual regasification capacity of 13 billion cubic metres and is owned and operated by Dunkerque LNG, which is 65% by EDF, 25% by Fluxys and 10% by Total.
This will be the first commercial unloading of LNG carriers in the facility.
To help the EDF Group’s so-called ‘CAP 2030’ strategy focused on low carbon electricity generation, EDF is operating flexible combined cycle gas turbine power plants across Europe.
These are mainly in Italy, France and the UK, as well as cogeneration units operating in Dalkia, therefore the EDF Group has important needs in terms of gas supply.
The EDF Group is also present in the B2C market, providing gas for around four million clients in France, UK and Belgium.