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Wednesday, October 15, 2008

Gaz de France Signed a Development Strategy with Gazprom

14.10.2008 - [Neftegaz.RU] - Gaz de France Suez, (GdF Suez) formed from the merger of Gaz de France and the Franco-Belgian Suez, Europe’s largest gas concern gave Gazprom a quota of 1.5 billion cu. m. on the French market per year as part of agreement where the potential projects were devided into 2 groups - retail gas sales and production, purchases and sales of gas to industrial users and distribution companies. GdF is the world’s top seller of liquefied natural gas. It owns shares in gas liquefaction plants in Egypt, Norway and Latin America. It owns 15 liquefied natural gas tankers and is building five more. The company’s electric plants in France has a combined capacity of 6 GW, with plans to increase it of 1o GW in France and 100 GW worldwide. GdF Suez’s receipts in 2007 came to "74.3 billion with profits of "13 billion.

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