Qatar's RasGas reaches gas deal with France's EDF

Jul 03, 2016 12:00 AM

Qatari liquefied natural gas producer RasGas has reached a deal to supply France's EDF with up to 2 mn tonnes of the fuel annually.

State-owned RasGas last week said it will begin delivering the LNG to a terminal in Dunkirk, France, starting next year.

Financial terms have not been disclosed. RasGas already has three existing long-term LNG agreements with EDF subsidiaries in Italy and Belgium.

Qatar is the world's largest supplier of LNG, which is natural gas chilled until it becomes a liquid for transport aboard tanker ships.

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