LNG Tanker Membrane Maker GTT Planning IPO

PARIS, Nov 22 (Reuters) - French gas and power group GDF Suez is working on a stock market listing for its Gaztransport & Technigaz (GTT) subsidiary, Chief Executive Gerard Mestrallet confirmed on Friday. Sources told Reuters in June that shareholders of GTT, the world's No. 1 maker of cryogenic hull linings for tankers that carry liquefied natural gas (LNG), were … [Read more...]

Uruguay Contracts GDF Suez for Newbuild Floating LNG Regasification Facility

MONTEVIDEO, May 14 (Reuters) - Uruguay awarded French gas and power group GDF Suez SA a contract to build a liquefied natural gas (LNG) regasification plant at an estimated cost of $1.125 billion, the government said on Tuesday. The plant in the port of Montevideo will have a processing capacity of up to 10 million cubic meters of LNG per day. It will help diversify energy … [Read more...]

GDF Suez Charters China’s First Floating Storage and Regas Unit

In October 2011, GDF SUEZ and CNOOC signed a cooperation agreement to work on a China-based LNG Floating Storage Regasification Unit project.  The basis of this agreement was a plan hatched a year earlier by which GDF SUEZ would sell CNOOC about 2.6 million tons of LNG starting in 2013 for a 4-year period. Today, a charter agreement was signed by GDF Suez for Höegh … [Read more...]

GDF Suez Signs 4-Year Charter for NYK LNG Carrier, Grace Barleria

Paris-based energy firm GDF Suez announced today they have entered into a 4-year time charter of the NYK-owned LNG carrier "GRACE BARLERIA". GRACE BARLERIA has been operated by NYK since her delivery from Hyundai Heavy Industries in 2007.  She has a capacity of 149,700 m3 and is equipped with GTT's Mark III technology. NYK and GDF Suez regularly assess new business … [Read more...]