Tuesday, May 11, 2010

Natural Gas

EDF Trading is a major participant in the European and US gas markets with a network of physical assets. It is active in offshore production, transportation, storage, and wholesale trading and has the ability to transact across all markets and offer customised products and complete solutions.

Its assets include gas storage facilities, a large portfolio of long-term gas contracts, regasification capacity in Europe and the USA and LNG supply agreements.

EDF Trading operates on all of Europe’s gas trading hubs in Belgium, France, Holland, UK, Germany, Switzerland, Spain, Italy and Ireland. EDF Trading is a leader in the wholesale natural gas markets for North America. It offers a full service, natural gas marketing operation with expertise in all segments of the natural gas industry.

It has significant experience in natural gas storage in the form of fast-cycle salt storage, reservoir storage and virtual storage facilities in Europe and the USA. In transportation, it has a long-term agreement for approximately 10% of the capacity of the UK interconnector gas pipeline linking Belgium to the UK. It also maintains a number of transportation agreements throughout the USA focusing on supply basins in the Gulf of Mexico, Permian Basin, Rocky Mountains and Appalachia.

EDF Trading was one of the first traders to enter the rapidly expanding market for liquefied natural gas (LNG) and continues to build a strong presence. Its LNG trading activity supports the wholesale gas pipeline business in North West Europe, as well as helping diversify the gas supply for EDF’s gas-fired power plants and growing customer base. In Europe, EDF Trading has regasification capacity at the Montoir and Zeebrugge terminals. In the Middle East, it has a significant LNG supply agreement with a Qatari gas company. In the USA, it has regasification capacity at a terminal in Texas.

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