The Netherlands: EDF Trading Gains Access to Gate LNG Terminal

EDF Trading, a wholly-owned subsidiary of EDF S.A., has finalised an agreement to access the first LNG terminal commissioned in The Netherlands at Maasvlakte in Rotterdam.

The two year agreement is with one of the primary shippers to the Gate terminal and will allow the EDF Group to take additional deliveries of LNG in North West Europe before its own terminal is commissioned in Dunkirk.

“As one of the leading participants in the global LNG market, we are pleased to have access to this new facility as it will enable us to deliver gas to the EDF Group and our third party customers in The Netherlands,” said Steve Lewis, Global Head of Gas at EDF Trading.

EDF Trading has master agreements with the major LNG producers worldwide and recently sold its 150th LNG cargo. Its activities include terminal operations, re-gasification, downstream marketing, offshore transportation management and hedging services to producers and major consumers of gas.

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LNG World News Staff, November 16, 2011; Image: Gate