GDF SUEZ has signed a long term agreement with Norwegian LNG firm GASNOR to supply 7.5 TWh of liquefied natural gas over a 12-year period, starting in 2013.
The LNG volumes will be sourced from GDF SUEZ portfolio and will be loaded by trucks or by small vessels from Zeebrugge LNG terminal in Belgium.
GDF said the new volumes will help GASNOR to meet its growing LNG supply needs in Europe outside Norway.
GASNOR regularly supplies LNG to 30 ships, and operates 2 LNG carriers.
GASNOR said the contract will allow it to meet increasing demand for LNG and open up the market for redistributing of LNG from one of the largest import terminals in Europe.
GDF SUEZ, which operates a fleet of 17 LNG carriers, stated the deal will also boost its activities in the small scale LNG market in Europe.