Official: GDF Suez Diverting LNG Cargos from United States to Asia, Europe
Posted on Sep 21, 2011 in Markets and Competition, Regas Terminals & Capacity | Comments Off on Official: GDF Suez Diverting LNG Cargos from United States to Asia, Europe
Zin Smati, head of GDF Suez’s North American division, told World Gas Intelligence [subscription required] last week that his company has diverted twelve LNG cargos so far this year that were originally slated for delivery to the Everett LNG terminal and Neptune LNG deepwater port. The article goes on to suggest that the company would like to divert some twenty LNG cargos per...
Chinese Sovereign Wealth Fund Signs MOU to Buy GDF Suez’s Stake in Atlantic LNG Liquefaction Facility
Posted on Aug 11, 2011 in Financing, Liquefaction | Comments Off on Chinese Sovereign Wealth Fund Signs MOU to Buy GDF Suez’s Stake in Atlantic LNG Liquefaction Facility
China Investment Corp. (CIC), China’s sovereign wealth fund, has signed a Memorandum of Understanding (MOU) with GDF Suez to acquire GDF Suez’s 10 percent stake in liquefaction train 1 at the Atlantic LNG facility in Trinidad & Tobago and production payments for trains 2, 3, and 4. In the deal under negotiation, CIC also would acquire 30 percent of GDF Suez’s...
Second LNG Vessel Delivered for GDF Suez Neptune LNG Deepwater Port Project
Posted on Jun 3, 2010 in Regas Terminals & Capacity, Vessel Transportation | Comments Off on Second LNG Vessel Delivered for GDF Suez Neptune LNG Deepwater Port Project
Mitsui O.S.K. Lines Ltd. (MOL) announced this morning that it has accepted the LNG vessel GDF Suez Cape Ann for delivery. The shuttle and regasification vessel (SRV), co-owned by MOL and Hoegh LNG, is the second of two new SRVs that will service GDF Suez’s Neptune LNG deepwater port project offshore...
Op-Ed Argues GDF Suez Should Source LNG for the Everett LNG Facility from Countries Other Than Yemen
Posted on Jan 19, 2010 in Regas Terminals & Capacity, Safety & Security, State and Local Issues | Comments Off on Op-Ed Argues GDF Suez Should Source LNG for the Everett LNG Facility from Countries Other Than Yemen
Citing security concerns, an op-ed published by the Boston Globe today argues that GDF Suez, owner of the Everett LNG facility located near Boston, should source LNG for the Everett facility from Trinidad or Norway, not...
GDF Suez Considering Diverting Yemen LNG Cargos from U.S. Market to India
Posted on Oct 1, 2009 in Markets and Competition, Regas Terminals & Capacity | Comments Off on GDF Suez Considering Diverting Yemen LNG Cargos from U.S. Market to India
Zawya Dow Jones (carried via Wall Street Journal) reports that GDF Suez has approached the Yemeni government with a request to divert LNG cargos from the country’s liquefaction facility originally destined for the United States to regasification terminals in India. An industry consultant with Wood MacKenzie noted that by diverting cargos from U.S. to Indian destinations savings...