Gas Natural Fenosa Supplies LNG to Major Clients in France

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.

LNG World News Staff, August 19, 2013

 

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