UK: South Hook Gas, Chevron Sign Capacity Deal

South Hook Gas has signed a framework agreement with Chevron Products UK Limited for access to spare LNG import capacity at the South Hook Terminal.

The company already delivers gas to ExxonMobil Gas Marketing Europe and has regasification services agreements with Total Gas & Power, ConocoPhillips, EGL and Trafigura.

Rashid Al-Marri, General Manager at South Hook Gas said, “We’ve said since starting operations that we wanted to help improve security and competition in the UK energy market. We’re now supplying more gas into the UK than any other LNG shipper and by signing new access agreements such as this one with Chevron, we’re fulfilling our promises.”

“Chevron is pleased to enter into this agreement with South Hook Gas,” said Gregor Cameron, General Manager of Chevron Natural Gas Europe. “The agreement provides Chevron with the flexibility to bring LNG into the United Kingdom when opportunities arise.”

South Hook Gas has supplied gas every day into the UK market since commencing operations in 2010, helping to improve security of supply. In little over a year, the company has grown rapidly and can supply around 20% of the UK’s gas.

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Source: South Hook Gas, September 6, 2011;