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19/01/2010 - GDF SUEZ fully refutes the allegations made in the Tijd newspapers

GDF SUEZ fully refutes the allegations made in the Tijd newspaper as published in its 19th January 2010 edition. The newspaper alleged that GDF SUEZ was questioning its commitment to Belgium’s security of supply, notably that of low calorific value gas (known as L-gas) following the pricing decisions taken by the CREG on 22nd December last year.

On the contrary, GDF SUEZ would like to remind its constant, historical commitment to supply the Belgian gas network. Which is why the group extended its long-term L-gas supply contracts with GasTerra on 15th June 2009  to provide a long term guarantee for its customers’ needs, including those in Belgium.
For this reason also, GDF SUEZ contributes actively to the working group headed by the Energy administration and its investigations into safe L-gas supply for Belgium and has also suggested to Fluxys specific operational measures that will benefit Belgium.

As for gas transit, the group has long-standing, long-term commitments. The current pricing modifications in this domain require discussion and transparency that are vital for the legal stability needed by this sector’s stakeholders.

 

 

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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