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16/12/2009 - First LNG Regasification Vessel delivered to GDF SUEZ

GDF SUEZ just took delivery of its first Shuttle and Regasification Vessel (SRV), the GDF SUEZ Neptune. This vessel is equipped with her own LNG regasification system, allowing her to regasify and discharge natural gas under high pressure directly into a designated Deep Water Port, such as the Group’s Neptune LNG Deep Water Port off the coast of Massachusetts, USA, to be commissioned early 2010.
 

Jean-Marie Dauger, Executive Vice President of GDF SUEZ in charge of Global Gas & LNG, said “The GDF SUEZ Neptune will reinforce the Group’s fleet and its ability to ship LNG to our markets around the world, including markets which do not have onshore terminals at their disposal. This is a significant step for our development in floating LNG and for the strengthening of our security of supply.”
 

This innovative LNG carrier was constructed at the Samsung Heavy Industries (SHI) facility located on Geoje Island, South Korea. She is owned jointly by Höegh LNG and Mitsui OSK Lines (MOL), and will be operated by Höegh LNG for GDF SUEZ under a long-term time charter agreement.
 

The GDF SUEZ Neptune incorporates the reinforced GTT MKIII cargo containment system with a 145,000 cu.m capacity. She is fitted with three state-of-the-art regasification skids for a total output capacity of approximately 21 million standard cu.m of natural gas per day*, and is also fully capable of operating as standard LNG carriers.
 

The vessel is equipped with the Tri-Fuel Diesel Electric propulsion system. In 2006-2007, the Group received the first three Diesel Electric LNG carriers in the world, specifically built on its order, and mainly using the natural evaporation of the cargo as a fuel. This innovation makes it possible to achieve a very substantial improvement in overall propulsion efficiency and reduces the amount of greenhouse gas emissions. It has since been adopted by many other companies.
 

The GDF SUEZ Neptune received the “Green Passport” from Det Norske Veritas (DNV)** certifying the environmental considerations taken when constructing, operating and ultimately disposing of the vessel.
 

The Group now counts 15 vessels in its fleet. In May 2010, GDF SUEZ will receive a second SRV, the GDF SUEZ Cape Ann, sister-ship of the GDF SUEZ Neptune.
 

GDF SUEZ has the most diversified supply portfolio in Europe and trades imported LNG from Algeria, Egypt, Nigeria, Norway, Trinidad and Tobago, and Yemen

 


*750 million standard cubic feet of natural gas per day.

** The Green Passport program encourages the use of good practices throughout the vessels’ life cycle and notably right from the outset to ensure an eco-friendly policy is adhered to when dealing with potentially hazardous materials in the ships’ construction.
 

 

 

About GDF SUEZ  

One of the leading energy providers in the world, GDF SUEZ is active across the entire energy value chain, in electricity and natural gas, upstream to downstream. It develops its businesses (energy, energy services and environment) around a responsible-growth model to take up the great challenges: responding to energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. GDF SUEZ relies on diversified supply sources as well as  flexible and high-performance power generation in order to provide innovative energy solutions to individuals, cities and businesses. The Group employs 200,000 people worldwide and achieved revenues of €83.1 billion in 2008. GDF SUEZ is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices:  CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and ASPI Eurozone.

 

Press contact:
Tel. France: +33 (0)1 57 04 24 35
Tel. Belgium: +32 2 510 76 70
E-Mail: gdfsuezpress@gdfsuez.com

 

Investor relations contact:
Tel.: +33 (0)1 57 04 66 29
E-Mail: ir@gdfsuez.com

 

 

 

CALENDAR

10 November 2010

Ex-interim dividend date 

 

4 November 2010

2010 3rd quarter sales 

 
 

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