France: GDF Suez Plans to Double LNG Sales to Emerging Markets

December 9, 2011

GDF SUEZ is hosting an investor conference today in Paris. The conference consists of presentations by senior executives of the company, providing insight into GDF SUEZ’ industrial development and large projects.

GDF SUEZ’ strategy is based on :

speeding up development in fast growing countries
strengthening integration and optimizing positions in mature markets
preserving a balanced business profile
developing activities generating secured returns and recurring cash flows.

GDF SUEZ has strict investment criteria in four areas (strategy, finance, legal and environmental, social & governance) aimed at generating value creation. GDF SUEZ aims at offering an attractive shareholder remuneration and maintaining its solid financial structure and strong cash flows.

This development plan will allow GDF SUEZ to reach ambitious operational targets across all businesses :

Power :

to increase installed capacity to 150 GW by 2016 of which 90 GW1 outside Europe
to increase renewable installed capacity by 50% by 2015 (vs 2009)

Gas :

to produce ~ 65 Mboe in E&P by 2014-2015
to double external LNG sales to emerging markets by 2020 (vs 34 TWh in 2010)

Services :

to increase energy efficiency revenues by 40% by 2016-2017 (vs 2010)
to reach 2 million of water smart meters by 2014 (+150%)
to reach a ratio of 2 million tons of waste recovered for 1 million tons eliminated by 2017.

[mappress]

LNG World News Staff, December 9, 2011; Image: GDF Suez