Gas Natural Fenosa, through its French subsidiary Gas Natural Europe, now has 10 contracts to supply liquefied natural gas (LNG) to industrial installations in France. The Spanish multinational is a pioneer in this business segment in the French market and is at the forefront of its development, with a contracted gas volume of 193 GWh over the next five years.
Gas Natural Europe began activities in this area at the end of 2012 signing a contract with the factory of Europe’s leading tile and brick manufacturer, Imerys Terre Cuite, in Toulouse. In addition to this, it now has a further nine supply contracts, including one recently signed with the Knauf Group for its factory in Guémené-sur-Scorff.
LNG is highly competitive from an economic viewpoint, bringing fuel bills down by up to 30% compared to other fossil fuels. What’s more, natural gas minimises the environmental impact of industry: it does not emit particles and cuts CO2 emissions by around 25%.
GAS NATURAL FENOSA already has extensive experience in supplying LNG to industrial consumers in Spain, where it has a portfolio of more than 200 clients, with total supply volume of over 5 TWh.