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    RasGas Extends LNG Deal With EDF



Qatari RasGas says it will extend a liquified natural gas (LNG) deal with French EDF, both companies said in a statement on Sunday.


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Natural Gas & LNG News, News By Country, , Liquefied Natural Gas (LNG)

RasGas Extends LNG Deal With EDF

Rasgas has extended a long-term LNG supply deal to with France's EDF originally signed in 2007.

The Qatar based LNG producer will deliver 4.5 billion cubic metres of natural gas a year to EDF Trading at the Zeebrugge LNG Terminal.

"This agreement is a major achievement for Rasgas," Rasgas Managing Director Hamad Rashid Al Mohannadi said.

"It enables the continuation of deliveries of gas by Rasgas to markets in northwest Europe."

Rasgas declined to comment on the duration of the contract and did not give any pricing details.

Rasgas was established in 2001 by Qatar Petroleum and ExxonMobil and has an annual capacity of 37 million tonnes.

Qatargas, the other LNG exporter based in the country, said last month it plans to double long term LNG sales to Asia from 11 million tonnes currently to more than 20 million tonnes.