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Rasgas renews LNG deal with EDF

Published Updated

lngaDOHA: Qatar's Rasgas has extended a long-term deal to supply France's EDF with up to 3.4 million tonnes of liquefied natural gas (LNG) a year for delivery to northwest Europe, the two companies said in a statement on Sunday.

The agreement to supply EDF Trading with around 4.5 billion cubic metres of natural gas a year, delivered to the Zeebrugge LNG Terminal in Belgium, renews a deal signed by the two companies in 2007.

"This agreement is a major achievement for Rasgas.

It enables the continuation of deliveries of gas by Rasgas to markets in northwest Europe," Rasgas Managing Director Hamad Rashid Al Mohannadi said.

The duration of the supply contract was not disclosed.

Copyright Reuters, 2010

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